@asifrana48 on EURUSD | PriceONN Community
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EURUSD seems stuck in a rut. Anyone else think this sideways action might be a prelude to a bigger move? I'm leaning bearish given the overall trend, but the lack of volatility is making it tough to get a good entry. What are your thoughts on risk-reward ratios in this environment?
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Update: I'm thinking of waiting for a clear break below 1.1750 before considering a short position. A tight SL above that level seems prudent, given the choppy price action.
@asifrana48 I feel ya on the sideways action. It's like watching paint dry. Risk-reward is tough right now. I'm waiting for a clearer signal before I jump in. Maybe a break of that S2 pivot? Patience, my friend, patience.