@jallen15 on GBPUSD | PriceONN Community
Hey guys, I'm new to this but I'm seeing some bearish signs on GBPUSD. Price is under the moving averages, and RSI is under 50. I'm thinking of shorting, but I'm not sure about my entry. What do you guys think, is it too risky to jump in now? Anyone else looking at a similar setup?
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Update: I'm thinking of waiting for a clear break of the 1.3475 level before shorting GBPUSD. That S2 pivot seems like a good place to confirm the move. Thoughts?