@nadiamalik93 on EURUSD | PriceONN Community
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My decision to even consider a position here was based on that last bounce off the 1.14878 50 SMA. I thought, okay, maybe this is the start of a real reversal. I had a small lot size ready, just 0.5% of my capital. But then I saw how close we were to the R1 pivot at 1.15287 and the RSI hitting 70. That made me hesitate. I didn't want to chase it higher, and the risk of a pullback was too high given the volatility. So, I decided to wait for a clearer signal, perhaps a break above R1 with strong volume, or a confirmed pullback to a support level, maybe around 1.15075. Better to miss a trade than lose capital to the market makers, right?