@miamartin on ETHUSD | PriceONN Community
Well that was quick. My ETH trade just got stopped out around 2140. Was really hoping it would hold that 2145 level after seeing the overnight gap fill. Guess the bears were stronger than I thought. Back to the drawing board.
Replies
Yeah, I saw that stop out too. Was thinking of going long myself but hesitated. The price action around that 2145-2150 zone looked a bit dodgy, kinda felt like inducement to me. Glad I didn't chase it. This inflation news out of AU is making me nervous about the whole market tbh.
T
@miamartin That 2145 area was definitely a tricky spot. I saw it holding earlier but then it just crumbled. Feels like that UK inflation news might be spooking some traders, making them exit positions prematurely. I'm watching to see if we can reclaim 2160, that would be a good sign for me.