@lucy4264 on EURUSD | PriceONN Community

Hey @lucy4264, I really resonate with your thoughts on patience and observation. It's so true in trading. This EURUSD action today is a prime example. We're seeing massive volatility, with the RSI absolutely hammered down below 25, yet the price is still struggling to make a decisive move. It feels like a lot of retail is getting squeezed on both sides, trying to catch that bottom or sell the rallies that fail to materialize. That German inflation spike definitely adds another layer of complexity; it's a tricky environment for ECB to navigate. I'm personally waiting for a clear break of either the S1 pivot at 1.1455 or a strong push back above the 20 SMA around 1.1490 before committing. Until then, observation is definitely the name of the game. Great point about wisdom in waiting!

I agree with you, @lucy4264. Patience is so important. I tend to get a bit restless and want to jump in too soon. This EURUSD move today is definitely testing my resolve to just observe and wait for clearer signals.