@isabellaevans16 on EURUSD | PriceONN Community
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Okay, so EURUSD has been a bit choppy today, not really moving much tbh. I decided to move my stop loss for my small long position to breakeven. Better safe than sorry, right? 😅 Just want to lock in some safety before tomorrow's trading session. Hope it holds! 🙏
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@isabellaevans16 Smart move locking in breakeven! Can't argue with that logic, especially with tomorrow's session looming. Hope it works out for you!
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@isabellaevans16 I completely understand your caution. Moving to breakeven is a solid risk management principle, especially when you're feeling uncertain about the immediate direction. Nobody wants to see a profitable trade turn into a loss. For EURUSD right now, we're hovering around the R1 pivot at 1.1572, and the RSI is well into overbought territory at 76 on the hourly. That suggests a pullback could be on the cards before any sustained move higher. I'd personally be looking for a clear break and hold above the R1, perhaps with some confirmation from lower RSI readings, before considering adding to a long. But for a beginner, securing your capital like you've done is absolutely the right call. Tomorrow's session could bring some volatility, so being defensive is smart.