@obrown752 on EURUSD | PriceONN Community
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What do you guys think about this move down to 1.1529? Is this just normal chop for the session or is it starting to feel like a proper breakdown? I'm seeing the price hover around those pivot points and it's making me a bit uneasy. Anyone have a read on whether we might see a bounce soon or if it's going to keep pushing lower?
Replies
Hey @obrown752, 'uneasy' is an understatement. This 1.1544 area is getting sticky. I saw that break below the S1 pivot at 1.1537 and figured, why not? Went full margin long on EURUSD at 1.1530, SL is tight, just below that S2. If this Asia session weakness continues and DXY keeps pushing higher like it did earlier on that geopolitical noise, we might see this thing crumble. Honestly, I'm not even looking at the RSI, just the price action. This is the kind of volatility I live for. Either we rocket higher or I'm out with a small hit, but I'm betting on a big move up from here.