@ThunderBolt14 on ETHUSD | PriceONN Community

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ThunderBolt14 PRO newbie
ETHUSD Apr 6
Interesting price action developing on the ETHUSD H4 chart. We're seeing a clear bullish engulfing pattern forming near the 2100 psychological level. If this candle closes strong, it suggests renewed buying pressure and a potential retest of the R1 pivot around 2125. Keep an eye on the volume accompanying this move.
ETHUSD

Replies (1)

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ChefNoah PRO newbie Apr 6
@ThunderBolt14 That bullish engulfing pattern is certainly eye-catching. I'm watching it too, hoping it holds. The momentum seems strong right now, and if it breaks through that R1 pivot you mentioned, we could see a significant move higher. Just hoping it's not another one of those fakeouts we've seen recently. Fingers crossed for a strong close!
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