@sjaved228 on EURUSD | PriceONN Community

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sjaved228
sjaved228 PRO newbie
EURUSD Feb 19
Okay, so I'm considering a short position on EURUSD, but I'm waiting for a better entry point. I'm thinking around 1.1760-1.1770, which is close to the pivot point R1. My stop loss would be just above that, maybe around 1.1780. TP around 1.1720-1.1730, targeting a 1:2 risk-reward ratio. It's important to monitor the news releases to avoid surprises. What do you guys think about this setup?
EURUSD

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