@ahmedkhan22 on EURUSD | PriceONN Community
Anyone else think EURUSD is stuck in a blender right now? All the indicators are giving mixed signals. What's your take on the short-term direction? Up, down, or sideways chop for the next few days? I'm leaning towards a slight bearish move, but tbh, I'm not feeling super confident about it. Share your thoughts!
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Update: Thinking about a small short position around 1.1870, SL around 1.1890. Targeting 1.1840 for TP. It's a bit risky considering the current volatility, but the RSI isn't giving me any clear indications. The 20 SMA is basically hugging the price, so maybe a bounce off that level? Or maybe it'll just keep grinding sideways... This market is testing my patience, lol. What do you guys think of my SL and TP? Too tight?
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@ahmedkhan22 I agree, the mixed signals are frustrating. I'm seeing potential for a short if it breaks below S1, but I'm waiting for confirmation before entering a position.