@kabiruyakubu23 on GBPUSD | PriceONN Community
Man, I got caught by that little dip earlier on GBPUSD. Thought I saw support holding around 1.3340, jumped in long. But then it just kept sliding down to 1.3320 before bouncing a bit. Lesson learned, don't chase support that's too close to the current price, especially when volume is low. Need to wait for clearer signals.
Replies
Yeah, I should have just waited for it to test that 1.33 pivot instead of trying to catch a falling knife. Always better to be patient with these moves.
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Hey @kabiruyakubu23, I feel your pain man. That little dip earlier was brutal. I swear these brokers' algorithms are designed to sniff out every stop loss below a support level. They probably saw everyone piling into 1.3340 and just SMASHED it for fun. 😡 It's not about chasing support, it's about them playing games. That whole geopolitical uncertainty news is probably just an excuse for them to do whatever they want. Total joke.