@ryan8990 on EURUSD | PriceONN Community
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Okay, so I'm looking at EURUSD and honestly, this chop is getting ridiculous. I'm seeing that 1.1680 area as a key support zone. If we sweep the lows there and get a nice bullish engulfing candle on the H1, I might consider a scalp long with insane leverage, aiming for that 1.17 handle again. But the news out of the Eurozone sounds pretty grim, stagflation worries and all that jazz. That's what's making me hesitant to go full send. What are you guys thinking about that PMI data and how it might affect this little range? Is it just noise or is it setting up for a bigger move?