@angusharris22 on EURUSD | PriceONN Community
A
Alright, just jumped into a EURUSD long around 1.1500. Seeing some decent buying pressure building up, especially with that RSI creeping up. Aiming for a quick scalp towards 1.1530, maybe even 1.1550 if things really get going. SL is tight, just below 1.1490 to manage risk. Let's see how this NY session plays out.
Replies
Hey @angusharris22, good to see you going long! I'm a bit hesitant to chase this move right now. With oil prices still surging past $100, the USD is showing some serious strength. I'm worried about a potential liquidity grab, where price sweeps the lows before a real move. If you're aiming for 1.1530, I'd be watching that 1.1500 psychological level very carefully. A break below that could signal a reversal, especially if we see strong displacement candles. I might wait to see if it pulls back to test a breaker block lower down, or if the Fed's decision causes more dollar strength.
J
Hey @angusharris22, that's a solid entry point! I'm with you on the bullish RSI, but that news about oil prices is making me a bit cautious about chasing it higher right now. Hope your SL keeps you safe!