Resistance and support reversal signal used in line trading

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The figure above shows an example of a buy signal on the USDJPY 5-minute chart.

When a resistance line drawn at a preferred position by you is broken by the rate, and after reversing to a bearish signal within 10 pips, the Resi-Sashi turning forecast signal will be displayed and email/alerts will be sent.

If you right-click the horizontal line and name it “RESI,” the indicator recognizes it as a resistance line, and the horizontal line will flash blue and green.

Of course, if you buy here and it turns up without breaking the resistance line, a Resi-Sashi turning occurs, placing you in the early stage of an uptrend.

Even if you cannot buy here, if it turns up without breaking the resistance line, when it surpasses a previous high, the signal will be displayed and email/alerts will be sent.

If an uptrend forms from here, at the early stage of the trend there were two entry opportunities: contrarian buying and trend-following buying.

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The figure above shows an example of a buy signal on the GBPJPY 15-minute chart.

When a support line drawn at a preferred position by you is broken by the rate and then turns positive within 10 pips, a Sapo-Reji turning forecast signal will be displayed, and email/alerts will be sent.

If you right-click the horizontal line and name it “SUPPO,” the indicator recognizes it as a support line, and the horizontal line will flash red and pink.

Of course, if you sell here and it does not break the support line and turns downward, a Sapo-Reji turning occurs, placing you in the early stage of a downtrend.

Even if you cannot sell here, if it turns downward without breaking the support line, when it breaks the previous low, the signal will be displayed and email/alerts will be sent.

If a downtrend forms from here, at the early stage there were two entry opportunities: contrarian selling and trend-following selling.

As shown below, even on EURUSD 1-minute chart, Resi-Sashi turning buys and Sapo-Reji turning sells are effective.



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The indicators used today are as follows.


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Resi-Sashi Turning Signal Indicator, Email, and Alerts

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