EURJPY LONG and here's why

23 Haz 2022

I am seeing a lot of traders thinking possible double top, i originally thought this too until i back tested some more and went through a couple of failed trades with the same Moving average formation thinking "possible double top" and that wasnt the case. following through with a buy trade considering 20, 50, 200 ma still spread out. Just my analysis and experience with trading against my moving averages. trade safely and if you go for sells, keep your SL tight.