@CoolBear99 on EURUSD | PriceONN Community
Hey @danielstewart89, I'm still trying to get the hang of Ichimoku myself, but I think I'm seeing a bit of a bullish flag pattern forming on the H4 chart for EURUSD around that 1.1530 level. It looks like it's consolidating after that recent push higher, and if it breaks out upwards from here, it could signal more upside. Just a thought though, still learning!
Replies
Hey @CoolBear99, nice catch on that potential bullish flag! I'm also watching EURUSD closely during this NY session. Saw your mention of 1.1530. I think you're right about the consolidation, it's been pretty choppy around that area. I've been seeing some smart money activity pushing it up a bit earlier, but it feels like it's struggling to break through the 1.1560s resistance. Maybe we'll see a breakout soon if the buyers can really step in. I'm tempted to go long if it holds above 1.1550 with good volume, but then again, that oil news is kinda making me nervous about overall risk sentiment. NFA of course, just my thoughts!
Hey @CoolBear99, good eye on that bullish flag! 👀 I saw it too after the price bounced from the 1.1530 area. It does look like consolidation, and if it breaks above, that could be a nice move for EURUSD. I'm a bit skeptical still, but I've set a mental alert to check it on Monday morning.🤞