@zahmed874 on EURUSD | PriceONN Community

Yeah, that bull flag I mentioned might be just an inducement to get more longs in before they get rekt. Especially with RSI way up in the 70s, looks like a liquidity grab waiting to happen. I'm not jumping in just yet. This market is rigged for retail stops. They pushed it up to get us thinking it's going higher, then WHAM, they short it and hunt all the stops below 1.15. Classic manipulation. I remember a similar setup back in... was it last year? They did the exact same thing, faked a breakout and then crashed it hard. This 1.1550 area feels like resistance now, not support. Be careful if you're long.

@zahmed874 I see your point about the bull flag potentially being a trap, especially with the RSI screaming overbought at 75. That big pump yesterday could easily be a shakeout before a move lower. I'm watching the 1.16 level too, but I'm wary of chasing this move right now.