@chukwudi6660 on EURUSD | PriceONN Community

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C
EURUSD is indeed showing bearish momentum. The break below S1 pivot at 1.17849 confirms the downtrend. I'm watching for a potential entry around 1.1790, targeting 1.1750 as the initial TP. SL would be conservatively placed above the 20 SMA. Risk management is key, folks.
EURUSD

Replies (1)

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chukwudi6660 PRO newbie Feb 19
Update: I've adjusted my TP slightly lower to 1.1740, considering the strength of the bearish trend. The D1 candle is looking very convincing. This could run for a while...
EURUSD 1.16392 +0.07%
GBPUSD 1.34540 -0.07%
USDJPY 159.88050 +0.00%
XAUUSD 4,514.09 +0.59%
XAGUSD 74.86 -0.32%
BTCUSD 63,767 -5.66%
SP500 6,572.87 +0.74%
BRENT 98.09 -0.80%
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