Don't miss the sure entry point for EURUSD! (6/5)
FX, Binary Options, and Nikkei 225 compatible!
A superior indicator for MetaTrader (MT4) has arrived! Indicator
Today (6/5) don’t miss the sure-entry point!
(EURUSD)
★Breakout of the indicator's turning line for a sure-entry!
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In an uptrend, a moving average of a fixed width serves effectively as a support line for pullbacks (support line).
Similarly, in a downtrend, a fixed-width moving average serves effectively as a resistance line (resistance line).
In short, in an uptrend, a break below the support line begins a decline, and in a downtrend, surpassing the resistance line begins an ascent.
In other words,support lines and resistance lines = turning lines, playing a crucial role.They serve as turning points.
This concept also applies to indicators.
In the Ten-Ten Chart (Reiwa版), not only moving averages but also the indicator's curved bands clearly display lines that function as support lines, resistance lines, and turning lines.
【Ten-Ten Chart (Reiwa Version)】
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