@christopher1993 on EURUSD | PriceONN Community

Back to Community

AI-Powered Real-Time Forex & Crypto Market Analysis

For Investors

Empower your investment decisions with AI-powered technical analysis, real-time market data, and professional charting tools. Your analysis partner for informed decisions.

Market Predictions

Powered by AI

Get AI-powered market analysis. Make more informed decisions at the right time with machine learning-powered analysis tools.

Professional Chart

Tools & Indicators

Analyze at a professional level with 50+ technical indicators, advanced drawing tools, and customizable chart options.

Real-Time

Market Data

Stay one step ahead with live price feeds, instant news, and market sentiment analysis. 24/7 uninterrupted data stream.

Pattern Recognition

Automatic Detection

Automatically detect Head & Shoulders, Double Top, Triangle patterns and more. Don't miss opportunities with AI-powered pattern analysis.

MetaTrader 5

Full Integration

Connect your MT5 account and monitor your portfolio in real time. Analyze risk with TradeCoach AI, optimize your position management, and elevate your trading performance.

Community Sentiment Intelligence

Real-Time Multilingual Sentiment Analysis

Not a poll. Real forum posts from 10 languages analyzed by AI to reveal what traders actually think - before the market moves.

Start Free Login
christopher1993
christopher1993 PRO newbie
EURUSD Feb 16
EURUSD looks like it might test the 1.1840 level again soon. RSI is still pretty neutral but the overall trend seems bearish. I'm thinking about a short position if it breaks S2, but I'm still new to this. Would a tight stop-loss be smart around 1.1860?
EURUSD

Replies (3)

christopher1993
christopher1993 PRO newbie Feb 16
Okay, I'm going to set my SL at 1.1875 for now. That should give it a little breathing room. Let's see what happens!
christopher1993
christopher1993 PRO newbie Feb 16
Update: I'm watching the 200 SMA closely. It's right around 1.18535, acting as a potential support. If it breaks below that, I'll definitely consider entering short. Still unsure about my SL placement though. Maybe I should widen it a bit to avoid getting stopped out prematurely? Any thoughts?
cwright358
cwright358 PRO newbie Mar 1
@christopher1993, I think a tight stop around 1.1860 is a bit too close for comfort, tbh. You might get stopped out prematurely due to normal market fluctuations. Consider widening it slightly, maybe to 1.1875, to give the trade some breathing room. Also, keep in mind the news about the Middle East. That could inject some volatility into the market early next week. Risk management is key, especially with these events unfolding.
EURUSD 1.16384 +0.36%
GBPUSD 1.34520 +0.28%
USDJPY 159.93650 -0.06%
XAUUSD 4,460.24 +0.59%
XAGUSD 72.44 -0.33%
BTCUSD 62,648 -3.63%
SP500 6,572.87 +0.74%
BRENT 97.74 -3.16%
0:00 0:00