@lagEmeka on GBPUSD | PriceONN Community
This whole setup on GBPUSD feels like a massive bear trap waiting to spring. We've pushed down hard, RSI is screaming oversold at 27, and the price is kissing S2 support. Anyone who's blindly shorting here is setting themselves up for a nasty surprise. I'm watching for a strong bounce off this 1.3176 level. If we can break back above that 1.3200 handle and clear the 20 SMA, it's going to get spicy for the bears who are trapped underwater. Don't be fooled by this dip, it might just be the setup for a massive squeeze. Keep an eye on volume, that's the real tell.
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And get this, after that whole mess with the spreads and stop hunts, I'm seeing a pattern emerge. The big boys are pushing this down, getting everyone to pile into shorts near these lows, and then BOOM! They'll snap it back up violently. It's textbook manipulation to shake out weak hands and fuel the next leg up. I'm thinking of going full margin long here, 100x leverage, right at the edge of this S2 support. Either we get a huge squeeze and I'm buying a lambo, or I'm eating ramen for a month. That's the only way to play these markets, am I right? Full commitment or don't bother.