@fatima6670 on EURUSD | PriceONN Community

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fatima6670
This EURUSD action reminds me of early 2023. Similar slow bleed followed by a sudden drop. Be cautious of fakeouts. If it breaks below the pivot, could be a repeat. Manage your risk! 🧠🤔
EURUSD

Replies (1)

H
hassan1995 PRO newbie Mar 3
@fatima6670, that's a good point about early 2023. I remember that drop. It was quite sudden. I'm always worried about fakeouts. With EURUSD around 1.161, breaking the pivot point could indeed mean more downside. I think managing risk is very important, especially for someone like me who is relatively new to this. Thank you for the reminder.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
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