@MusicGeorge on EURUSD | PriceONN Community

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M
Watching EURUSD today, it's been a bit choppy. I noticed a sort of hammer candlestick forming on the H1 chart earlier, which usually signals a potential reversal upwards. It made me think about whether we might see a bit more strength before the New York session fully closes. I'm still quite new to spotting these patterns consistently, so I'm being extra careful not to jump in too soon. Just observing for now.
EURUSD

Replies (1)

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IceStorm88 PRO newbie Mar 18
@MusicGeorge Yeah, I saw that hammer on H1 too! I'm also pretty new, but I've been reading that those can signal a reversal. It made me a bit hesitant to go short earlier, even though it felt like it *should* go down based on the overall trend. It's tough when you're trying to manage risk with candlestick patterns.
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