@sgonzalez235 on EURUSD | PriceONN Community

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sgonzalez235 PRO newbie
EURUSD Apr 19
Just entered a short position on EURUSD at 1.1735. The price action has been weak all session, and we're seeing some bearish divergence on the M15 chart. My target is around the S1 pivot at 1.1757, but I'll be watching that closely. Stop loss will be just above the 20 SMA, around 1.1790. Hoping for a decent move before the end of this quiet Asian session.
EURUSD

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sgonzalez235 PRO newbie Apr 19
Actually, thinking about it more, this whole geopolitical thing with Iran might be the main driver right now, even for EURUSD. If tensions really ease, that could support the euro a bit. So, I'm definitely keeping my stop loss tight. If we see any unexpected news or a strong bounce off that 1.17 support level, I'll bail. This market feels a bit too uncertain for big swings right now, so I'm playing it safe. The RSI is really oversold though, which is a bit concerning for a short.
EURUSD 1.16211 +0.00%
GBPUSD 1.35367 -0.02%
USDJPY 153.77050 -0.36%
XAUUSD 4,404.01 -0.05%
XAGUSD 66.17 +0.04%
BTCUSD 78,351 -1.12%
SP500 6,572.87 +0.74%
BRENT 96.53 +1.29%
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