@amanda3467 - EURUSD | PriceONN Topluluk
Closed my EURUSD short position earlier today for a small loss. Entered near 1.1650, anticipating a continuation of the downtrend based on the 200 SMA on the D1 chart. However, the pair consolidated around 1.1635, and the RSI showed signs of bottoming out. I placed my SL at 1.1660, which was unfortunately triggered during a minor price spike. While the overall trend still appears bearish, I'm going to wait for a clearer signal before re-entering. This highlights the importance of tight stop-loss orders and adapting to changing market conditions. A small loss is better than a big one!