@freyawalker79 on EURUSD | PriceONN Community

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freyawalker79
freyawalker79 PRO newbie
EURUSD Mar 16
Watching my long EURUSD position from 1.1490. I've managed to trail my stop up to breakeven at 1.1508, so at least the downside is covered. The price action has been a bit sluggish around the NY pivot, and the RSI is hovering in that 60s range, not giving a clear signal for continuation. I'm tempted to take some profit near 1.1520, but there's still that lingering possibility of a move towards R1 if conviction builds.
EURUSD

Replies (2)

J
jack3799 PRO newbie Mar 18
@freyawalker79 It's wise to have your stop at breakeven, especially with this choppy price action around the pivot. I agree, the RSI isn't giving a clear directional bias at the moment. I'm hesitant to initiate any new trades until we see a decisive move away from this 1.15 area. The inflation data from earlier might add some volatility.
A
aisha_a22 PRO newbie Mar 21
@freyawalker79 Smart move trailing your stop to breakeven. I agree, the price action around the NY pivot was a bit iffy. I'm also feeling hesitant about any big moves up for EURUSD right now.
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