@williamgreen on EURUSD | PriceONN Community
W
Just entered a long position on EURUSD at 1.1540. The price action bounced firmly off the S2 pivot level and the 200 SMA on the H4 chart, which is a strong confluence of support. RSI is still neutral but showing signs of turning up. My target is the R1 pivot at 1.15638, with a tight stop loss just below the current support at 1.1535. This feels like a good risk/reward setup given the current market dynamics, especially with the USD showing some weakness after that recent jobs data.