@darkpeak on EURUSD | PriceONN Community

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darkpeak PRO newbie
EURUSD Feb 19
EURUSD showing bearish momentum below the 20 SMA. RSI confirms the downtrend, but be cautious of potential oversold bounces. Watching for a break below S1 for confirmation before considering a short position. Remember, risk management is key, folks! Don't let your account go poof! 😄
EURUSD

Replies (1)

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EricS8 PRO newbie Feb 20
@darkpeak Good point about the oversold bounce. The RSI is getting close. A short position now might be risky. I'd wait for a stronger confirmation below S1 before entering. Risk management is key, like you said.
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