In an uptrend, a moving average of a certain width effectively acts as a support line (support line).

Similarly, in a downtrend, a moving average of a certain width effectively acts as resistance (resistance line).

In short, in an uptrend the price breaks through the support line and begins to fall, while in a downtrend it breaks above the resistance line and begins to rise.

In other words,Support line and resistance line = turning lineplay an important role.

This concept also applies to indicators.

In the Tenka-cho Chart (Reiwa version), not only moving averages but also the indicator curves clearly display lines that function as support lines and resistance lines = turning lines.

【Tenka-Chart (Reiwa edition)】

　　　

　　 　

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