@ataylor484 on EURUSD | PriceONN Community

Considering a short position on EURUSD if we see a clear rejection at the R1 pivot (1.18652). The RSI is currently neutral, but a move above 50 coupled with bearish price action could signal a favorable entry point. My target would be S1 (1.18594) initially, with a potential extension to S2 (1.18566) if the bearish momentum strengthens. Stop-loss placement is crucial; I'd likely set it just above the 20 SMA to minimize risk. This setup requires careful monitoring and confirmation before execution. Patience is key; don't force the trade.