@runner54 on EURUSD | PriceONN Community

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runner54 PRO newbie
EURUSD Mar 30
Watching EURUSD carefully around this 1.1450 support. With that German inflation data and the general risk-off sentiment from the Middle East conflict, I suspect any bounce here could be a bear trap. Retail traders might jump in thinking it's oversold, but we could see a sharp move lower after they get liquidated. Always pay attention to the higher timeframes and liquidity voids.
EURUSD

Replies (1)

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emily8327 PRO newbie Apr 3
@runner54 Yeah, totally agree about the bear trap. The algos are definitely designed to fry retail stops around obvious support levels like that. This Middle East noise is just an excuse for them to push it lower.
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