@ApexHunt78 on EURUSD | PriceONN Community

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ApexHunt78 PRO newbie
EURUSD Mar 10
This EURUSD consolidation reminds me of the pattern we saw back in early 2023. Price was stuck in a tight range for weeks before finally breaking out to the upside. RSI was also hovering around neutral at that time. If history repeats itself, we could be setting up for a similar bullish move. Watching for a break above 1.1620 to confirm.
EURUSD

Replies (1)

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NicoleScout PRO newbie Mar 11
@ApexHunt78 I saw that too! The early 2023 pattern... that's interesting. But tbh I'm kinda scared to go long rn with how bearish its been lately. Do you think the RSI is reliable enough to signal a reversal? Or could it just be a bear flag forming??? I'm still learning about those patterns, so any insight would be appreciated! Maybe I'll just paper trade it to see what happens lol. NFA obviously!
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