Based on the chart you provided, here are some arguments to support your decision to sell at .90798:
* **Downtrend:** The price of EURUSD has been in a downtrend for the past few hours, as indicated by the downward sloping trendline. This suggests that the momentum is to the downside and that the price is likely to continue to decline.
* **Support level:** The price has been rejected at the resistance level around .90798 on a few occasions in the past. This suggests that there may be selling pressure at this level, which could drive the price down further.
* **Stop-loss placement:** Your stop-loss is placed above the resistance level at .9106. This limits your risk if the price unexpectedly reverses course.
* **Take-profit target:** Your take-profit target is at .90256. This is a reasonable target given the recent downward trend.
Overall, these arguments suggest that selling at .90798 with a stop-loss at .9106 and a take-profit target at .90256 is a reasonable trading decision. However, it is important to remember that no trading strategy is guaranteed to be profitable, and you should always do your own research before making any trades.
Here are some additional factors to consider:
* **Market volatility:** The market is currently volatile, which means that the price could move up or down sharply in a short period of time. This could increase your risk of loss.
* **Other technical indicators:** You may want to consider using other technical indicators, such as moving averages or relative strength index (RSI), to confirm your trading decision.
* **Fundamental factors:** Fundamental factors, such as economic news events, can also affect the price of EURUSD. You should be aware of these factors before making any trades.
It is important to weigh all of these factors before making a trading decision.
* **Downtrend:** The price of EURUSD has been in a downtrend for the past few hours, as indicated by the downward sloping trendline. This suggests that the momentum is to the downside and that the price is likely to continue to decline.
* **Support level:** The price has been rejected at the resistance level around .90798 on a few occasions in the past. This suggests that there may be selling pressure at this level, which could drive the price down further.
* **Stop-loss placement:** Your stop-loss is placed above the resistance level at .9106. This limits your risk if the price unexpectedly reverses course.
* **Take-profit target:** Your take-profit target is at .90256. This is a reasonable target given the recent downward trend.
Overall, these arguments suggest that selling at .90798 with a stop-loss at .9106 and a take-profit target at .90256 is a reasonable trading decision. However, it is important to remember that no trading strategy is guaranteed to be profitable, and you should always do your own research before making any trades.
Here are some additional factors to consider:
* **Market volatility:** The market is currently volatile, which means that the price could move up or down sharply in a short period of time. This could increase your risk of loss.
* **Other technical indicators:** You may want to consider using other technical indicators, such as moving averages or relative strength index (RSI), to confirm your trading decision.
* **Fundamental factors:** Fundamental factors, such as economic news events, can also affect the price of EURUSD. You should be aware of these factors before making any trades.
It is important to weigh all of these factors before making a trading decision.