@EGreen43 on EURUSD | PriceONN Community

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EGreen43
EGreen43 PRO newbie
EURUSD Apr 7
This EURUSD move today is wild. Volume on the New York session is picking up, but I'm not seeing that much conviction on the H1 chart to be honest. RSI is screaming overbought at 72, feels like a bit of divergence building here, could be a trap.
EURUSD

Replies (1)

EGreen43
EGreen43 PRO newbie Apr 7
Wait, actually, looking closer at the 15m chart, there's a clean wick rejection off the 1.1600 level right now. If smart money is stepping in to push this higher, we might see it break through the upper Bollinger band. I'm tempted to go full margin long here, YOLO my account if needed. Forget the RSI, this could be the start of a real squeeze. If it goes, we're talking lambo. If it fails, well, ramen it is. No middle ground for me.
EURUSD 1.16105 -0.13%
GBPUSD 1.35085 -0.11%
USDJPY 156.16000 +0.24%
XAUUSD 4,409.01 -1.43%
XAGUSD 66.06 -1.33%
BTCUSD 79,967 +0.28%
SP500 6,572.87 +0.74%
BRENT 94.83 +0.65%
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