Price manipulation for buys?

Currently the market is dumping hard on EU. Since the price is dumping we have also entered the discount zone on the weekly swing low to high nearing .75 I expect price to pull up to retrace back to .50 after some longs taken at .75 since its a discount zone which could fuel price back to .50 of the swing where we could expect price to reverse from or just continue up to take liquidity at 1.10