@oliver5483 on EURUSD | PriceONN Community
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Actually, thinking about that inducement thing @lGoh58 mentioned. If there's a lot of liquidity above, that usually means big players might be looking to push price down through it to grab those orders. It makes me a bit nervous about holding any long positions right now. I was thinking maybe a small pullback to that 1.1450 level could be a good spot to reconsider, but even then, with this news about energy costs, it's hard to say. I just don't want to get caught on the wrong side of a big move, especially with my limited experience. Maybe I should just wait for a clear break of a key level, like R1 or S1, before even thinking about an entry.