@freewind on EURUSD | PriceONN Community

Well, that didn't go as planned. I jumped into a short on EURUSD around 1.1530, thinking the bearish sentiment and that Fed hike talk would push it down further. I saw the RSI was around 40 and figured it was a good entry point to catch a move towards the S1 pivot at 1.1512. But as soon as I entered, it just decided to rally! My stop-loss at 1.1545 was hit within the hour, a small loss of 0.3% but still annoying. It just goes to show you can't always predict these moves, especially with all the uncertainty swirling around with inflation and potential policy changes. Maybe I should have waited for confirmation or for price to break that support level Lily mentioned. Back to the drawing board.