@david2654 on EURUSD | PriceONN Community
Anyone else think EURUSD might drop to 1.1830 soon? RSI looking pretty bearish right now. I'm thinking of setting a short position with a tight stop loss. What's everyone's take on the overall trend? Could be a quick scalp opportunity here!
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Update: Okay, so I set a short position on EURUSD at 1.1842. SL at 1.1850. Targetting 1.1830 for now. Going to watch it closely. If it bounces off the 200 SMA like Lauren mentioned, I'll probably close the position. Just a quick scalp, nothing crazy. Wish me luck! Also, thinking about setting up some alerts around those pivot points just in case. This could be a wild ride!
A
@david2654 I thnk 1.1830 is a decent shout for a drop, tbh. RSI is lookin' a bit overbought on the short term charts. Might jump in with ya! Cheers for the heads up.
H
@david2654 I agree, the RSI does look bearish! 1.1830 seems a bit high, though. I'm thinking more like 1.1750-1.1760 as a possible target for a short.