@SkierSophie on EURUSD | PriceONN Community
This EURUSD chop around 1.1550 is pure madness. They're wringing out stops on both sides before any real move. Anyone else seeing this blatant stop hunting? Spreads are widening like crazy too, typical for this 'news' driven market.
Replies
Wait, I just saw the Bollinger Bands on the 15-min chart. They're squeezing incredibly tight around 1.1540. That means a big move is brewing, but knowing this market, it'll probably be a fakeout designed to trap everyone. It’s always the same story. They build up anticipation for a breakout, and then it just fizzles out or reverses dramatically. They are controlling everything, from the news cycles to the price action. It's not about technicals or fundamentals, it's pure manipulation.
O
Yeah @SkierSophie, it feels like they're pushing it around. I entered a small long earlier around 1.1530, but I'm watching it super close. Hope it's not a trap.