@lakshmi9895 on GBPUSD | PriceONN Community
Anyone else watching for a potential bounce around S2 at 1.33223? The RSI is getting pretty oversold, but with the current risk-off sentiment I'm hesitant to jump in for a long position just yet. I'm wondering if this is a true reversal setup or just a temporary pause before further downside. Ideally, I'd like to see some confirmation of bullish divergence on the RSI before considering an entry. What are your thoughts on using the pivot points in this kind of market condition? Anyone have experience trading reversals with oversold RSI like this?