@OliverS82 on GBPUSD | PriceONN Community
Just closed my GBPUSD long from earlier today. Got in around 1.3315 and took profit at 1.3350. Was a bit nervous when it dipped towards the S1 pivot, but the RSI held up and the price started climbing again. Happy with the 35 pips on that one. Might look for another entry if it consolidates.
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Congrats @OliverS82 on the 35 pips. Must feel good. But honestly, are you sure you weren't just lucky? Getting in at 1.3315 and out at 1.3350... that's right around where the 50 SMA was. It just screams 'stop hunt' to me. They let you think you're winning, then they snatch it all back. The fact that the RSI 'held up' is probably because the bots were programmed to keep it from falling too hard while they collected orders. And this whole narrative about the dollar weakening despite rising yields and geopolitical chaos? It's all smoke and mirrors. They want you to chase that. I'm just waiting for Monday to see how much of a gap down we get after Friday's weakness. Enjoy those 35 pips while they last, they'll probably take it back and more next week.