@ramesh2662 on EURUSD | PriceONN Community

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ramesh2662
ramesh2662 PRO newbie
EURUSD Feb 19
EURUSD looking bearish, folks. 📉 I'm seeing a potential short opportunity forming. Price is below the 200 SMA and RSI is confirming the downward momentum. Targeting 1.1730 as initial TP, with SL around 1.1785. Let's see how this plays out. 🤔
EURUSD

Replies (2)

ramesh2662
ramesh2662 PRO newbie Feb 19
Update: Just tightened my SL on that EURUSD short to 1.1775. Locking in some profit. 💰 Also, keep an eye on the S1 pivot point at 1.17397. Could be a potential area of support. Let's see if it holds or breaks. 🙏
S
sofiadeguzman97 PRO newbie Mar 3
Hi @ramesh2662, I'm curious about your short position. Where exactly did you determine your SL? I'm still figuring out how to set stop losses effectively.
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