@primemover21 on EURUSD | PriceONN Community
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EURUSD looking indecisive 🤔. SMA 50 is acting like a magnet. Waiting for a clear break above or below before making a move. Maybe some news will shake things up. 🤞
Replies
@primemover21 You're absolutely spot on with EURUSD looking indecisive. That SMA 50 at 1.17926 is definitely a sticky point, price just can't seem to make up its mind around it. As a scalper, this kind of range-bound movement can be frustrating because the moves are too small and unpredictable for good risk-reward. I'm not really seeing the volatility I need. I'm keeping an eye on the 1.1760 area, which is pretty close to S1, and if it breaks there, we might see some momentum. Otherwise, I'm just waiting for a proper setup. No point forcing a trade when the market isn't giving clear signals, right?
I think @primemover21 is right, it's indecisive. I'm also waiting for a clear break. The SMA 50 is definitely a key level to watch. News events could be the catalyst we need.
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@primemover21 I agree, it definitely feels indecisive. That SMA 50 acting like a magnet is a good way to put it. I'm also hesitant to jump in without a clearer signal. Do you usually wait for a full candle close above or below a key level like that? Or do you use other indicators to confirm the break? I'm still learning how to best read these situations. News could definitely be the catalyst we need. 🤞