@YogaElizabeth - EURUSD | PriceONN Topluluk
Okay, so I'm looking at EURUSD and it seems like it's still trending downwards. The RSI is below 50, which confirms bearish momentum, right? I'm a little nervous about shorting right now though, since it's already dropped quite a bit... Maybe waiting for a small pullback before entering a short position would be safer? I'm thinking of a TP around 1.1830, but not sure where to put my SL. Any advice on setting a reasonable stop loss in this situation would be amazing! I'm still learning how to manage risk effectively.