EURUSD looking bearish to me! RSI is below 40 and heading down 📉. I think we could see it test S2 at 1.1835 soon. I'm setting up a short position with a tight stop loss just above 1.1850. Let's see if this plays out! 🤞
I'm not seeing the bearish signals you see, @angela2514. The RSI is near 60, not below 40, so I'm not sure where you're getting that from. Be careful with that short position. It might be premature. I'm seeing more of a neutral trend right now. Good luck though!
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danielhall24PROnewbieMar 6
@angela2514RSI below 40 is a strong signal, but I would be cautious about shorting too aggressively before the EU open. A retracement is always possible. Good luck with your trade!