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U yes U!!!
Join me for this session as we analyze the support and resistance areas of GBPJPY currency pair, using 5 different EMAs (Exponential Moving Averages).
#learn3rs4life, #learntotradeforex, #technicalanalysis, #gbpjpyfanalysis, #tradingviewtutorial, #forextrading, #forextrader, #UyesU,#mindset,#currency,#bulls,#bears,#support,#EMA
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U yes U!!! Welcome to my channel, LEARN3RS 4 LIFE.
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The EMAs act as moving support and resistant areas. Sellers (bears) are found on the resistant areas that act as the ceiling, and they are able to sell the market down (sell high), while buyers (bulls) are found at the support areas that act as the floor, and they are able to buy the market up (buy low). This is a EURCHF currency pair session that looks at how a trader can be able to use 5 different EMAs to trade in the forex market.
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Disclaimer Trading foreign exchange carries a high level of risk, and may result in a loss of some or all of your initial investment. You should seek advice from an independent financial advisor.