Don’t miss the winning entry point for the Nikkei 225! (6/6)
FX, Binary Options, and Nikkei 225 Supported!
A superior indicator for MetaTrader (MT4) is here! Indicator
Today (6/6) don’t miss the sure-entry point!
(Japan225)
★Entry is guaranteed when the indicator’s crossover line is breached upward or downward!
(Click image to enlarge)
In an uptrend, a moving average of a fixed width acts effectively as a support line for pullbacks. as a support line
Similarly, in a downtrend, a moving average of a fixed width acts effectively as a resistance line for retracements.
In short, in an uptrend, once the support is broken and a decline begins, and in a downtrend, once the resistance is surpassed and an ascent begins.
In other words,Support and Resistance = Crossover Lineplay a crucial role.
This concept also applies to indicators.
In the Tenda Chart (Reiwa version), not only moving averages but also the indicator’s curve bands clearly display lines that function as support/resistance = crossover lines.
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