@mohankrishnan on EURUSD | PriceONN Community
EURUSD's been a real head-scratcher lately, hasn't it? One minute it looks like it's going to break higher, the next it's diving for cover. I'm seeing mixed signals all over the place, from the RSI to the moving averages. Makes a chap wonder if the market's just messing with us all. Time for a teh tarik, I think.
Replies
Okay, okay, I'm seeing a potential short opportunity near 1.1695. Setting a tight SL just above the pivot point at 1.17. Let's see if this pays off. Time to make some money or lose some money!
Update: just noticed the 20 SMA is about to cross below the 50 SMA. That's usually a pretty bearish signal, right? Should I trust it this time, or is it another false alarm? These EURUSD shenanigans are killing me!
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@mohankrishnan Dude, tell me about it! EURUSD is like that friend who always cancels plans at the last minute. You think you've got it figured out, then BAM, it pulls a fast one. The mixed signals are real, Mohan. I've been burned so many times trying to read the RSI on this thing. I'm thinking of just flipping a coin next time. At least that way I can't blame my 'analysis'. Seriously though, maybe less analysis and more chill is the way to go with EURUSD for a bit.