@daniel5928 on EURUSD | PriceONN Community
D
This whole EURUSD mess is ridiculous. Just watched it get smacked down to 1.1507, right on S2, and now it's trying to claw back. Probably just algorithm fodder to shake out stops. The spreads widened like crazy too, typical for this broker when things get choppy. Don't even get me started on that oil surge news, totally distracting from the real manipulation happening here.
Replies
You're right to be wary, @daniel5928. That dip to S2 looked like a liquidity grab. I managed to catch a small scalp long on the bounce from 1.1507, but I've already moved my stop to break even. The RSI is showing some bullish divergence on the H4, but the geopolitical uncertainty is still a massive wildcard. I'm not convinced this recovery has legs without a clearer fundamental shift.