Active regissa support transformation signal
Hello!
This is Satori, researching FX.
Today, I will deliver about "Effective Resistance-Support Reversal Signals."
The figure below shows an effective resistance-support reversal signal on the EURUSD 4-hour chart.

http://livedoor.blogimg.jp/fxmt4indicator/imgs/f/4/f4a2038b.gif
As in the figure above, the dashed line at 1.1626 has changed from support to resistance,
but this becomes clear at the bearish reversal near 1.15436.
Of course, since the retrace was sluggish at the previous stage and topped near 1.1626,
judgment could be made earlier.
The point this time is that the low using 1.1626 as the support line and the high using 1.1626 as the
resistance line are close in position, so the resistance-support reversal is functioning effectively.
A common issue is that after a large drop and a rebound, the resistance line moves far above the support line,
and regardless of whether it can be called a resistance-support reversal, the profit potential is limited and entry is delayed.
In the example above, even a midline breakout offered enough profit, so it can be considered an effective resistance-support reversal signal.
The indicators used today are as follows.
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http://fxmt4indicator.abproducts.biz/wp/?page_id=2555
If you break your drawn resistance-support line and it reverses, you get signal via email/alerts!
In line trades, signals can be displayed when the price reverses the upper resistance line and lower support line!
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Thank you very much for reading up to here today as well.
Well then, please stay healthy.
Technical Trader Blog Ranking
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Publisher: Art Brain Products
FX Technical Strategy Researcher
Satori Kokoro
Email: info atmark abproducts.biz
Blog: LifeStyle Indicator FX Research:http://fxmt4indicator.blog.jp/
Indicators, Tools, & EA:http://fxmt4indicator.abproducts.biz/wp/
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