@graceward62 on ETHUSD | PriceONN Community

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Currently holding a short position on ETHUSD. Entered near the 2000 mark. Watching the price action closely as it approaches the S2 pivot at 1975.09. A bit nervous about the overnight volatility. Setting a tight stop-loss just above my entry point to manage risk.
ETHUSD

Replies (2)

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graceward62 PRO newbie Mar 7
Another update: Considering taking partial profits here around 1972. The price seems to be consolidating a bit. The bearish trend still looks strong, but I want to reduce my risk exposure overnight. Will keep the rest of my position open with a trailing stop-loss. Let's see what happens!
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graceward62 PRO newbie Mar 7
Update: ETHUSD continuing downwards as expected. The RSI is now below 35, indicating potential oversold conditions. Considering moving my stop-loss lower to lock in some profits. Still watching for a potential bounce near the 1970 level. Will monitor closely in the next hour.
EURUSD 1.16141 -0.09%
GBPUSD 1.35175 -0.04%
USDJPY 156.18500 +0.25%
XAUUSD 4,430.56 -0.95%
XAGUSD 66.26 -1.03%
BTCUSD 80,189 +0.56%
SP500 6,572.87 +0.74%
BRENT 94.20 -0.02%
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