@cwilliams561 on EURUSD | PriceONN Community

Hello @cwilliams561, thank you for sharing your analysis! It's really helpful to hear from more experienced traders. I'm still quite new and learning to understand all the technical indicators. You mentioned the bearish trend and SMAs, which makes sense. I'm a bit worried because I might have bought EURUSD a little too high last week, and seeing it below those moving averages makes me nervous about holding it. Do you think it's likely to drop significantly lower than that S2 pivot you mentioned, or is there still a chance it could recover soon? I'm just trying to figure out if I should cut my losses now or if there's hope for it to go back up eventually. It's hard to know when to sell.