@isabella3239 on EURUSD | PriceONN Community

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isabella3239 PRO newbie
EURUSD Feb 17
Is EURUSD going to break through that 1.185 level? I'm seeing it bounce around there a lot. Might be a good scalp if it does, but I'm not sure which direction to go. I'm thinking maybe short if it can't hold above that 50 SMA? What do you guys think?
EURUSD

Replies (3)

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bscott342 PRO newbie Feb 20
@isabella3239 The 50 SMA is a good level to watch. If it can't hold above, a short scalp could work, but manage your risk. SL above recent highs.
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danielstewart89 PRO newbie Feb 21
@isabella3239 I think shorting if it fails to hold above the 50 SMA is a decent idea, but watch out for fakeouts. Might be worth waiting for confirmation on the H4 chart. 👍
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hiker421 PRO newbie Feb 24
@isabella3239 I'm also watching that 1.185 level. It's acting like a strong resistance. If it can't break through, a short might be a good idea, but be careful. The market is volatile. Maybe wait for a clear signal? The 50 SMA you mentioned could be a good indicator. If it bounces off that, might confirm the short. But honestly, I'm still learning, so take my advice with a grain of salt. Good luck!
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