@dawnbreak551 on EURUSD | PriceONN Community
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Just got stopped out on my EURUSD short at 1.1775. Initial analysis was based on the bearish trend and resistance at the 50 SMA on the H4 chart. However, the price action was too volatile, and I failed to account for potential news catalysts. Risk management is key, but sometimes the market has other plans. Lesson learned: tighten the SL next time or avoid trading during heightened geopolitical risk, especially with that Iran situation escalating. Will re-evaluate the charts later and look for a better entry point. Need to stay disciplined and not chase the trade after the loss.