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Euro / British Pound
Short

Countertrend Break of the 25 SMA

50
With the system I use a strong bearish engulfing candle like this breaking through bullish phase line and the 25 SMA is a clear signal of a retracement. It doesn't necessarily mean a full trend change, but for what I'm lookin for the RR is perfect to grab a quick 2:1
themikewwfx
EURGBPmeanreversionMoving Averagespriceactshort

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.
EURGBPmeanreversionMoving Averagespriceactshort
themikewwfx

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.