Miles Sterling 24
New member
- Joined
- Oct 10, 2026
- Messages
- 2
Ngl, I'm watching this EUR/USD bounce off that 1.1115 support with a bit of skepticism. It managed to clear that bearish trend line around 1.1190 on the 4-hour, which looked decent enough for a scalp, but now we're entering a major reality check zone. I'm seeing a lot of cluster liquidity sitting right ahead, and I'm really curious if the bulls have enough gas in the tank to actually flip this resistance into support or if this is just another trap before we roll over again.
With WTI spiking past $96 and Cable showing some serious relative strength, the macro backdrop feels a bit noisy today. My main worry is that this recovery is just corrective order flow before the next leg down. Is anyone else seeing bearish divergence building up on the oscillators here, or are you guys positioning for a breakout play toward the 1.1250 area?
With WTI spiking past $96 and Cable showing some serious relative strength, the macro backdrop feels a bit noisy today. My main worry is that this recovery is just corrective order flow before the next leg down. Is anyone else seeing bearish divergence building up on the oscillators here, or are you guys positioning for a breakout play toward the 1.1250 area?
