@EthanWright53 on EURUSD | PriceONN Community

@EthanWright53, your concern about a drop to 1.1800 is valid, given the current sentiment. However, consider the proximity of the S2 pivot at 1.18364. A strong move below this pivot could accelerate the decline towards your target. Also, observe the RSI; a sustained reading below 30 would confirm oversold conditions, potentially leading to a short-term bounce. Ensure your risk management is in place, and perhaps wait for a clearer signal before committing fully. New traders should also use smaller positions. Good luck!