Anyone else seeing a potential short setup on EURUSD? RSI is under 40 and we're below the 20 SMA on the H4 chart. I think 1.1450 is the next target. What do you guys think?
Hey @nicolejackson, I saw your comment about a short setup. I'm watching that 1.14971 R1 level closely. If we can't break through that and the RSI starts to dip below 60, would you consider entering a short there? Or are you waiting for a firmer signal like breaking below the 50 SMA?