@kevin1365 on GBPUSD | PriceONN Community
I opened a small short position on GBPUSD earlier this morning at 1.3330, anticipating a continuation of the bearish trend. My initial stop loss was placed at 1.3350, just above the R1 pivot. However, price has been hovering around 1.3315, making me a bit nervous. I'm considering moving my stop loss down to 1.3340 to reduce my risk. My target profit is 1.3280, aiming for a 1:2 risk-reward ratio. Still watching the SMA 20 to see if it crosses below the SMA 50 to give me more confidence. This is stressful lol.