@wildcard49 on EURUSD | PriceONN Community
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Thinking about shorting EURUSD if it fails to hold above 1.1780 early next week. The D1 chart is showing some bearish divergence on the MACD. I'll be watching for confirmation on the H4 timeframe. A close below 1.1770 would strengthen my conviction. Will keep an eye on the news flow too, any surprises could change the game.
Replies
@wildcard49 I'm also watching for a potential short. That bearish divergence on the D1 MACD is interesting. What price level will you use for your initial stop loss?