Euro / U.S. DollarShort
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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.