@cdavis205 on EURUSD | PriceONN Community
Just entered a long on EURUSD around 1.1525. Watching that S1 pivot closely, feels like a good spot for a bounce given the current price action. Setting my TP near the R1 pivot at 1.1545, and SL just below the low at 1.1515 to give it some room. Hoping this holds.
Replies
Hmm, actually thinking about that entry again. The 200 SMA is sitting just above at 1.1542, which could act as resistance. I might adjust my TP slightly lower, maybe to 1.1540, just to increase the odds of hitting it if we get a quick bounce off S1. The RSI is still neutral but starting to creep up, which is a good sign. Need to see that 1.1530 level break decisively though. If it stalls there, I'll be looking to get out quick. Definitely keeping an eye on that FVG below the current price too, it might get filled.