@dawnbreak863 on EURUSD | PriceONN Community

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dawnbreak863
dawnbreak863 PRO newbie
EURUSD Mar 4
EURUSD seems stuck in a range this morning. Anyone else noticing it? I'm kinda new to this, but it feels like it's just bouncing between the same two prices. Is it better to just wait for a breakout before trying to trade?
EURUSD

Replies (1)

dawnbreak863
dawnbreak863 PRO newbie Mar 4
Update: I think I see it hitting resistance around 1.1625 and then dropping back down. Maybe I should try a short position when it gets close to that? But I'm also worried about a fakeout, you know? Like it breaks through and then I'm screwed. Maybe I should wait for confirmation like a red candle on the H1 chart before entering. What do you guys think? I'm still learning how to manage risk properly, so any tips would be great.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
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XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
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