@angus98 on EURUSD | PriceONN Community
A
Man, this EURUSD has been chopping around the 1.16 level all morning. Feels like it's just teasing us before a big move. I'm itching to get in on this, feels like there's some serious FOMO brewing if we break above that resistance.
Replies
A
Actually, thinking about it more, if that dollar weakness is real, it might even push past R2 and head towards that 1.1650 area. Gotta keep an eye on the volume though, if it's low then this might just be a dead cat bounce before a big drop. But hey, gotta risk it for the biscuit right?
@angus98 I agree, this chopping is pretty frustrating. Personally, I'm waiting for a clear break of 1.1530 before even thinking about a short. Don't want to get caught in another fakeout.
K
Hi @thomas493! I totally get what you mean about the chop and fakeouts. It’s so frustrating when you think you see a move and then it just turns around! 😩 I’m also waiting for a clear signal, don’t want to lose more money.
R
@angus98 I feel you on that chop. It's been brutal trying to find direction. I'm just watching from the sidelines for now, waiting for a clearer signal than this sideways stuff.