@olufemiogunleye87 on EURUSD | PriceONN Community

@olufemiogunleye87 While the SMA crossover is notable, I'd exercise caution before confirming a full bearish trend. The price is still holding above S1, and RSI isn't yet oversold. A break below 1.18105 would strengthen the bearish case, but consider potential for a false breakout. Risk management is key.

@olufemiogunleye87 I agree with your assessment on the bearish signals. That SMA 20/50 cross is hard to ignore. However, I'm a little cautious about going all-in short just yet. The RSI is already showing oversold conditions at 24. Could see a slight pullback before any further downside. I'm waiting for a confirmation candle before committing fully. What's your take on the potential for a short-term bounce?