@aogunleye706 on EURUSD | PriceONN Community

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A
This EURUSD chart is screaming manipulation right now. See that double top forming around 1.1500? Classic inducement to get people to go long, then BAM, they dump it. The algorithms are so obvious, hunting every stop loss below 1.1450. It's a rigged game, always has been. The dollar is just getting pumped by these geopolitical fears, pure theatre.
EURUSD

Replies (1)

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aogunleye706 PRO newbie Mar 30
Actually, thinking about that double top I mentioned, the volume is definitely thinner than usual for NY session, but it's not *that* low. Maybe it's not pure manipulation, but rather smart money repositioning before the next move? Still, the overall trend is bearish and that dollar strength is a beast. If the NFP data comes out weak, we might see a short squeeze, but I'm not holding my breath. This market seems determined to keep EURUSD heading down, probably to grab more liquidity around the 1.14 support levels.
EURUSD 1.16105 -0.13%
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