@stephanie8290 on EURUSD | PriceONN Community
Alright, stop loss moved to breakeven on my EURUSD short. Initially entered at 1.1595 based on the break of the 20 SMA on H4. Looking for a continuation down to 1.1550. Risk-free now, so let's see what happens. The RSI is still showing bearish momentum, so I'm confident it'll continue.
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Played out like I expected btw, nice 😄. Might even hold this position longer if it breaks below 1.1550 convincingly. I'll reassess based on the volume and any potential news catalysts. Thinking about adding to my position around 1.1530 if the momentum holds. Gotta watch the oil prices though, as noted in, that could change everything.