@BrandonWalker on EURUSD | PriceONN Community
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Huge wick down on EURUSD! Seriously??? Thought 1.14 was gonna hold, but this is getting ugly fast. Just closed my small long position for a loss. Should've listened to my gut and stayed out. This market is brutal... Time to step away and clear my head before I do something stupid. Maybe the London session will bring some sanity.
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Hey @BrandonWalker, totally feel you on that brutal market feeling! I swear EURUSD was having a laugh with that wick down. One minute I'm thinking about grabbing a quick lunch, the next I see that massive drop and my stomach does a flip. It's like the market decided to play a mean prank right before my sandwich. I'm still pretty new to all this hedging stuff, so seeing those big moves just makes me want to hide under my desk. Maybe it's just inducement trying to catch us retail traders out?
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Hey @BrandonWalker, I saw that wick too. Brutal is the word, alright. It looked like a fakeout to me, especially with the RSI still sitting pretty neutral around 54.3, not showing any real oversold conditions to justify such a sharp reversal right off the bat. The price did dip below S1 briefly, but it's already climbing back towards the daily pivot. For what it's worth, my swing targets haven't changed much. I'm still eyeing that 1.16-1.1610 area if we can get a clean break above the Bollinger band resistance. Don't let one bad trade shake you out of a solid plan. These things happen, just gotta manage risk.