@davidskier on EURUSD | PriceONN Community

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davidskier PRO newbie
EURUSD Feb 20
Okay, so I've been watching EURUSD all morning, and I'm seeing a potential setup for a short position. The price action has been consistently bearish, failing to break above the 1.1775 level, which is near the 20 SMA. The RSI is still below 50, indicating further bearish potential. I'm considering entering a short position with a tight stop-loss around 1.1785, targeting a take-profit near 1.1730. Gotta keep an eye on those pivot points though, S1 and S2 might offer some resistance. This is just my personal analysis, not financial advice of course! 🤓 Always do your own research before trading. Good luck everyone! 🍀
EURUSD

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