This EURUSD action reminds me of early 2023. Similar slow bleed followed by a sudden drop. Be cautious of fakeouts. If it breaks below the pivot, could be a repeat. Manage your risk! 🧠🤔
@fatima6670, that's a good point about early 2023. I remember that drop. It was quite sudden. I'm always worried about fakeouts. With EURUSD around 1.161, breaking the pivot point could indeed mean more downside. I think managing risk is very important, especially for someone like me who is relatively new to this. Thank you for the reminder.