@OceanWave44 on EURUSD | PriceONN Community
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Ugh, this EURUSD is making me so nervous right now 😫. I saw it dipping and thought maybe it would bounce, so I bought a bit, but now it's just going lower and lower. And that oil news is freaking me out, makes me wonder if everything is going to tank. Should I just cut my losses before it gets worse?? So much uncertainty!
Replies
@OceanWave44 I understand the anxiety, especially with that oil news floating around. However, looking at the EURUSD chart, we're still hovering around a key pivot point at 1.1517. The RSI is low, around 39, which might suggest some room for a bounce, not necessarily a continuation of the dip. Consider if your entry was too aggressive given the quiet Sydney session liquidity.
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@OceanWave44 Don't panic yet. We're near S1 and the RSI is oversold-ish. That oil news is noise for now; focus on the technicals. If you're in a drawdown, maybe just move your SL to breakeven and let it play out. NFA.