@zyakubu42 on GBPUSD | PriceONN Community
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This choppy price action is quite frustrating. One minute it looks like it's going down, the next it's bouncing back up. The RSI is oversold, but the bearish trend seems strong. I'm finding it difficult to find a clear entry point for a swing trade. I need to reassess my strategy before committing to anything.
Replies
@zyakubu42 I feel your pain on the choppy price action. GBPUSD can be a real headache sometimes. RSI is giving mixed signals, and the trendline is barely holding. I'm personally waiting for a clear break above R1 (1.33623) before considering a long position. Otherwise, I'm staying on the sidelines.