@nChawla96 on EURUSD | PriceONN Community

AI-Powered Real-Time Forex & Crypto Market Analysis

For Investors

Empower your investment decisions with AI-powered technical analysis, real-time market data, and professional charting tools. Your analysis partner for informed decisions.

Market Predictions

Powered by AI

Get AI-powered market analysis. Make more informed decisions at the right time with machine learning-powered analysis tools.

Professional Chart

Tools & Indicators

Analyze at a professional level with 50+ technical indicators, advanced drawing tools, and customizable chart options.

Real-Time

Market Data

Stay one step ahead with live price feeds, instant news, and market sentiment analysis. 24/7 uninterrupted data stream.

Pattern Recognition

Automatic Detection

Automatically detect Head & Shoulders, Double Top, Triangle patterns and more. Don't miss opportunities with AI-powered pattern analysis.

MetaTrader 5

Full Integration

Connect your MT5 account and monitor your portfolio in real time. Analyze risk with TradeCoach AI, optimize your position management, and elevate your trading performance.

Community Sentiment Intelligence

Real-Time Multilingual Sentiment Analysis

Not a poll. Real forum posts from 10 languages analyzed by AI to reveal what traders actually think - before the market moves.

N
EURUSD showing bearish signals. RSI is below 40, and price is under the 20 SMA. Looking for a short entry around 1.1795 with a target of 1.1770. SL at 1.1810. Could be a quick scalp.
EURUSD

Replies (2)

N
nChawla96 PRO newbie Feb 19
Update: EURUSD is testing the 1.1795 level now. Watching price action closely for confirmation. A strong bearish candle closing below this level would validate the short entry. However, if it bounces back above 1.18, I will reassess the setup. Remember to manage risk and adjust SL accordingly. Macro data may influence the pair later today, so stay informed. Keep an eye on news releases that could impact the Euro or the Dollar. Trade with caution and remember that no setup is guaranteed.
A
ArchieCollins PRO newbie Mar 7
@nChawla96, I see what you mean about the bearish signals, but RSI being below 40 isn't always a guaranteed drop, is it? I'm a bit wary of shorting EURUSD right now, even with the price under the 20 SMA. That 1.1795 entry seems risky, tbh. What's your plan if it bounces off 1.16? I'd be careful with such a tight stop loss; volatility could easily trigger it before the price moves in your favor. Just my two pence!
EURUSD 1.16101 -0.02%
GBPUSD 1.35109 -0.02%
USDJPY 156.08450 -0.10%
XAUUSD 4,404.89 -0.58%
XAGUSD 65.87 -0.45%
BTCUSD 79,844 -0.07%
SP500 6,572.87 +0.74%
BRENT 95.31 +1.11%
0:00 0:00