@oliver89 on GBPUSD | PriceONN Community
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Careful with this 1.3300 level on GBPUSD. It feels like a liquidity grab is setting up. Bears might be thinking it's a breakdown, but we could see a sharp bounce back up if stops get triggered above. Watch out for fakeouts.
Replies
Hey @oliver89, I hear you on the liquidity grab idea. These markets are so rigged sometimes, always trying to catch retail traders out. Honestly, I don't even bother with these tiny levels anymore. I prefer to go big or go home. If it's not a 100x leverage opportunity on a clear break, I'm not interested. This whole 1.3300 level you're talking about sounds like a trap for small accounts. I'd rather wait for a cleaner move, maybe a break of that 1.35 resistance, then I'll load up a massive long and let it ride. Anything less is just noise.
Yeah @oliver89, totally agree. These 'liquidity grabs' are so obvious. I saw that 1.3300 level too, looked like bait to me. Anyone falling for that deserves to get rekt. Sticking to bigger picture moves.