@psharma925 on EURUSD | PriceONN Community
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Okay, so I've been looking at EURUSD all morning. The RSI is showing oversold, but the price keeps dropping. It's below all the SMAs, which looks bearish. Thinking of trying a small long position near the S2 pivot point (around 1.17946) with a tight stop loss just in case it keeps falling. Maybe a small bounce? My TP would be near the 1.18 level. What do you guys think? Am I being too risky?