@azulu33 on EURUSD | PriceONN Community

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azulu33 PRO newbie
EURUSD Mar 6
EURUSD feels like it's building up for something big! The range is getting tighter, and you can almost feel the tension in the market. Are we going to see a massive breakout or a brutal fakeout? I'm leaning towards a breakout upwards, but keeping a close eye on those support levels just in case!
EURUSD

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azulu33 PRO newbie Mar 6
Update: I'm looking at the H4 chart, and the MACD is about to cross bullishly. That, combined with the tightening Bollinger Bands, makes me think we could see a push towards 1.1630-1.1650 soon. I'm considering a small long position around 1.1610 with a tight stop loss just below the 20 SMA on the H1 chart. Let's see if this plays out! I'll be watching the volume closely for confirmation. Risk management is key, fam! Aiming for a 1:3 risk-reward ratio on this one. Wish me luck!
EURUSD 1.16374 +0.06%
GBPUSD 1.34550 -0.06%
USDJPY 159.85350 -0.02%
XAUUSD 4,508.63 +0.47%
XAGUSD 74.97 -0.18%
BTCUSD 63,337 -6.29%
SP500 6,572.87 +0.74%
BRENT 97.98 -0.91%
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