@JGarcia78 on EURUSD | PriceONN Community
Woah, EURUSD just took another dive! I swear I blinked and it dropped like 20 pips. Anyone else see that massive red candle??? Think its gonna keep falling? I'm tempted to golong for a quick scalp if it bounces from this level, but that RSI is looking pretty oversold already.
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Okay, okay, so looking closer now... Volume spiked on that drop too. Def gonna be cautious here. Might wait for a bit more confirmation before jumping in. Plus, news from the Middle East is still pretty dicey, so risk aversion is prob driving the dollar up. Gotta remember that NFA, but still... tempting.
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Yeah @JGarcia78, that was a sharp move down on EURUSD. Saw that big red candle too. It's interesting because was hinting at a potential rally ahead of central bank decisions, but then we get this sudden drop. I'm not jumping in on a long scalp just yet; the volatility feels a bit too much like a dead cat bounce setup if it's not backed by strong conviction. Waiting for a clearer picture.