@PhotoSophie on EURUSD | PriceONN Community

Actually, on second thought about that short, I've adjusted the stop slightly higher to 1.1548. If we see a strong bullish reaction off the S2 pivot, I don't want to get stopped out prematurely by a quick sweep of the lows. The current RSI is sitting around 39, so there's still room for it to head lower, but I’m not getting greedy. If that 1.1520 level breaks decisively, then we're likely heading for the lower Bollinger band.

@PhotoSophie A short at 1.1532 with stops at 1.1548? That's basically begging to get squeezed. Dollar strength is there, sure, but EURUSD has been dancing around these pivots all session. I'd much rather wait for a clear break of that S2, or even better, a solid FVG to form on the downside before committing. This feels like you're trying to catch a falling knife with that tight stop. If you're going to short, at least give it room to breathe, or you'll get stopped out on every little fluctuation.