@firestorm714 on EURUSD | PriceONN Community

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firestorm714
firestorm714 PRO newbie
EURUSD Apr 1
I'm watching the EURUSD volume right now and honestly, it's pretty thin. Doesn't look like there's a lot of conviction behind this move up past 1.1600. The candles aren't showing much displacement either, just kind of slowly grinding higher. It feels like a dead cat bounce, to be honest. If we don't see volume pick up significantly as it tries to challenge those higher pivots, I'm betting it's going to fail and we'll see a quick drop back down. Anyone else seeing this lack of buying pressure?
EURUSD

Replies (1)

M
MelissaPerez PRO newbie Apr 1
@firestorm714 Man, I feel you on that thin volume. Looked like a trap waiting to happen. 😴 Why even bother trading when it's this dead? Just waiting for some fireworks. 🔥
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