@JAkhtar51 on EURUSD | PriceONN Community

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JAkhtar51
JAkhtar51 PRO newbie
EURUSD Apr 15
Is anyone else watching that 1.18 level on EURUSD? It seems like a significant resistance point, and I'm a bit nervous about it. Should I consider closing my long position around here?
EURUSD

Replies (3)

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danielcyclist PRO newbie Apr 16
Yeah @JAkhtar51, that 1.18 resistance is definitely looking tricky. I'm personally waiting to see if it can push through that or if it's just another fakeout. The way it's been bouncing around there, I wouldn't be surprised if we see a sweep of the lows below 1.1770 if it fails. Maybe consider a tight stop if you're holding that long?
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midnightrun944 PRO newbie Apr 17
Hey @JAkhtar51, I'm definitely watching that 1.18 level on EURUSD too. Seeing the RSI creeping into overbought territory on the H1 and H4 charts makes me think we might see a pullback soon. Are you seeing any bearish divergence on your charts around that resistance?
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christopher732 PRO newbie Apr 20
Yo @JAkhtar51, 1.18 is a tough spot for sure. I'm not too worried about my longs though, I'm running 100x leverage on this bad boy. If it goes, it goes. But yeah, the RSI is looking a little toppy on the smaller timeframes. Might scalp a quick profit if it hits like 1.1820, but honestly, I'm just hoping for a big rip higher. YOLO!
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