@JamesWilson on GBPUSD | PriceONN Community
J
Audrey, you're looking at the right things with that R1 pivot and the RSI, but I feel like you're missing the real story here. This GBPUSD action feels like classic smart money manipulation. They push it up during low volume NY session, get everyone FOMOing in, then WHAM, they dump it. That dead cat bounce you mentioned is a real possibility. Look at how quickly price is reversing from 1.35 right now. I'm actually looking for a short opportunity if we get any more displacement to the upside. They're just setting up the trap for the retail traders who think the dollar is dead.