@araza380 on EURUSD | PriceONN Community
A
I initiated a small short position on EURUSD at 1.1620 earlier today, based on the bearish trend and the break below the 20-SMA. My initial stop loss was placed at 1.1640, just above the R1 pivot. However, given the current market volatility and the proximity to the S1 pivot at 1.16102, I'm considering tightening my stop loss to 1.1630 to minimize potential losses. I am watching this position closely and feeling a bit nervous, to be honest. The market could easily reverse course. Patience is key.