@ryan7329 - GBPUSD | PriceONN Topluluk
R
Okay, so I'm trying to wrap my head around these SMAs. The 200 SMA is way up at 1.35925, and GBPUSD is below it. Does that automatically mean it's gonna keep dropping? I read somewhere that the 200 SMA is a big deal, like a super strong resistance. But then the 20 and 50 SMAs are closer to the current price. I'm so confused! Is there a simple way to understand how to use these moving averages together? Also, what time frame should I be looking at for scalping? H1? M15? Thnk you!