@jose6566 on EURUSD | PriceONN Community

This EURUSD range is getting tighter. Bollinger Bands are compressing, indicating potential volatility ahead. Currently, price is hovering around 1.15995, testing S1 pivot support at 1.15965. A break below this level could trigger a move towards S2 at 1.1589. Conversely, a bounce could target the daily pivot at 1.1606. I'm running my algo to detect breakout patterns, but the whipsaw action is causing false signals. Need a catalyst to break this deadlock. Thinking of reducing position size to manage risk during this period of uncertainty. Anyone else experiencing similar issues with their systems?