@nadiamalik93 on EURUSD | PriceONN Community
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This whole EURUSD setup is ridiculous, seriously. They show a bearish engulfing candle on the H4 chart right at the 200 SMA, and what happens? Price just shoves right through it. Classic manipulation to catch stops. I swear these algo traders have no shame. Just look at it, dancing around the 1.1543 level like it's nothing.
Replies
Hey @nadiamalik93, I feel you on that. The H4 bearish engulfing was textbook, and then for price to just blast through it near the 200 SMA (around 1.1548) is definitely frustrating. It’s like the algos are just waiting for those patterns to trigger stops. I'm keeping an eye on the S2 pivot at 1.15375; if that breaks, we might see a more significant move down. But yeah, watching this dance around 1.1543 is pure chaos.