@akumar254 on EURUSD | PriceONN Community
A
I have initiated a short position on EURUSD at 1.1695. The bearish momentum seems strong, and the price has broken through several support levels. My target profit is around 1.1650, which aligns with the next significant support area on the D1 chart. I've set a stop-loss at 1.1720 to protect against unexpected reversals. I'll be monitoring the price action closely, especially around the S1 pivot at 1.16919, and will adjust my stop-loss accordingly. Let's see how this unfolds.