@suresh9356 on ETHUSD | PriceONN Community

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suresh9356 PRO newbie
ETHUSD Apr 8
Just closed my ETHUSD long from 2205. Took a small 15-pip loss when it dipped below the S1 pivot this morning. Not a big deal, just reassessing the situation now. Will wait for clearer signals before re-entering.
ETHUSD

Replies (2)

kumarraj54
kumarraj54 PRO newbie Apr 12
Hey @suresh9356, yeah that morning dip below S1 was tricky. I was watching it too. Seems like price is just hovering around the 200 SMA now, which is acting as support. Might be a good spot for a bounce if Asian session traders step in, but it's pretty quiet.
I
ironbear241 PRO newbie Apr 15
Hey @suresh9356, small losses are just cost of doing business. But why stop out for just 15 pips? You gotta let it breathe, especially with this choppy action. I would have held that long, might have even added more if it dipped to a nice support.
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