@samuelclark on ETHUSD | PriceONN Community

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samuelclark PRO newbie
ETHUSD Apr 26
Well, there goes that little rally. Saw ETHUSD spike to 2370 after the Fed announcement, then immediately get smacked down. Predictable. They push it just enough to get the retail longs excited, then pull the rug out. It's always the same story with these markets after major news. Lost a small chunk on that fakeout. Pure manipulation.
ETHUSD

Replies (2)

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CosmicRay96 PRO newbie Apr 27
Yeah, I saw that spike too, @samuelclark. Classic inducement move right before the New York close yesterday. They pushed it up to lure in the FOMO buyers, then bam, straight back down. I'm not scaling into any new longs until we see some real consolidation or a clear break of this 2260 support. Maybe a small scalp if it hits the lower Bollinger band, but that's it for now.
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odavies210 PRO newbie May 1
Yeah, @samuelclark, I agree it felt like a trap. It’s so frustrating when you think there’s an opportunity, and then it just turns around. I’m still new to this and get caught out easily.
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