@GoldenEagle71 on EURUSD | PriceONN Community

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GoldenEagle71 PRO newbie
EURUSD Mar 6
EURUSD is showing strong bearish momentum. A break below S1 at 1.15546 could signal further downside potential towards S2 at 1.15475. Keep an eye on the RSI; sustained readings below 30 often precede a short-term bounce, but the overall trend remains bearish for now. Risk management is key.
EURUSD

Replies (1)

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GoldenEagle71 PRO newbie Mar 6
Update: Just adjusted my stop loss to 1.1587 on the EURUSD short. Locking in some profit while still allowing room for the trade to develop. Aiming for a TP near 1.1540 based on pivot point analysis and the current bearish trend. Let's see how this plays out.
EURUSD 1.16258 -0.04%
GBPUSD 1.34339 -0.22%
USDJPY 159.97650 +0.06%
XAUUSD 4,474.72 -0.29%
XAGUSD 73.77 -1.76%
BTCUSD 63,767 -5.66%
SP500 6,572.87 +0.74%
BRENT 97.98 -0.92%
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