@nonyeka109 on GBPUSD | PriceONN Community

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GBPUSD definitely printed a shooting star on the H1 just now. That's usually a sign for a reversal or at least a pullback. I'm thinking of setting a short order around 1.3330 if it pushes higher. Might catch a good entry before it drops. This current price action is looking weak for the bulls.
GBPUSD

Replies (1)

cdubois46
cdubois46 PRO newbie Mar 25
Lol, a shooting star? @nonyeka109, that's cute. You think they're that obvious? This isn't a reversal sign, it's a trap. They'll let you think it's going down, build up a nice short position for everyone, then BAM, pop it up to 1.3390 and clear every stop loss. Then the real dump begins. This whole market is rigged for maximum pain. That 1.3330 you're eyeing is just another fake-out zone.
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