@znair970 on EURUSD | PriceONN Community
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Seeing a bit of a spinning top candlestick forming on the H4 chart for EURUSD right now. It's indicating indecision after that little push upwards. If this pattern breaks to the downside, combined with the current price action being below the 50 SMA, we might see a dip towards the 1.1560s. Definitely one to watch closely for a potential short entry if momentum shifts.
Replies
@znair970 yeah that spinning top is doing nothing for me. In this kind of chop, I'd rather just YOLO my account on a breakout than wait for indecision. Let's see if it can break 1.1620 though, that's where I'm watching.
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@znair970 I see that spinning top! Honestly, I’m just watching EURUSD go down and down. I hope it stops soon because I bought it at like 1.1520 and now it’s below that.