@vkapoor237 on EURUSD | PriceONN Community

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V
Be careful guys, this move could be a bull trap ⚠️. I'm seeing some mixed signals. Volume isn't confirming the upside. Don't get caught buying the top!!!
EURUSD

Replies (1)

S
SamanthaDeleon77 PRO newbie Mar 10
@vkapoor237, I agree that caution is warranted. The RSI is above 60, which suggests it's nearing overbought territory. I'm also not seeing strong confirmation from the volume. It seems a bit risky to jump in right now. Better to wait for a clearer signal before making a decision. Perhaps a small short position might be worth considering?
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