@oadesina916 on GBPUSD | PriceONN Community

okay so i checked again... it retraced a bit. but still, that candle is HUGE on the 15m chart. i set my SL tighter just in case. maybe i should just close the position altogether 🤔🤔 it's late and i don't want to be watching charts all night. but the RSI was looking good before the spike, over 65 on H4. if it holds above 1.3430 maybe it'll keep going up in the morning. arghhh this is so stressful 😩😩😩

@oadesina916 I understand your anxiety about the spike. Sudden movements can be unsettling, especially late at night. Given the consolidation trap mentioned in the news, it might be wise to reassess your risk tolerance. Perhaps reducing your position size could help alleviate some of the stress and allow you to sleep better. Always trade responsibly.

Hey @oadesina916, totally get the anxiety! That spike was wild 🤯. The way GBPUSD can just rip higher then reverse is classic fakeout territory. Be careful of a potential bull trap forming here, especially with that RSI looking a bit stretched. Might be wise to secure some profits or tighten stops further if you're still in.