EU respecting downtrend
As we can see EURUSD has been respecting this downtrend since early September.
As I mentioned in my last trading idea, I've been developing a strategy using Smoothed Moving Averages, that I'll be explaining later as an educational post.
This is my take on EU, hope you can catch some good blue pips.
RRR: 3x1.
If SL hit, wait for rejection in the 50 SMMA and open a sell position
As I mentioned in my last trading idea, I've been developing a strategy using Smoothed Moving Averages, that I'll be explaining later as an educational post.
This is my take on EU, hope you can catch some good blue pips.
RRR: 3x1.
If SL hit, wait for rejection in the 50 SMMA and open a sell position
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