@benjamin4745 on EURUSD | PriceONN Community

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Hey everyone, I'm still pretty new to this, but is anyone else seeing a potential double bottom forming around 1.1596? 🤔 I'm a bit nervous about calling it for sure, since the overall trend seems kinda sideways. Would appreciate any thoughts! 🙏
EURUSD

Replies (2)

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benjamin4745 PRO newbie Mar 5
Update: It bounced off 1.1596! 🎉 But now I'm wondering if it's just a dead cat bounce... RSI is still around 50. Thinking of putting a small buy order at 1.1599 with a tight SL just in case. 🤞 What do you guys think, too risky?
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jwilson505 PRO newbie Mar 7
Hey @benjamin4745, I'm also pretty new but that double bottom does look interesting! I'm not sure if it will hold though. Maybe wait for confirmation before jumping in? Just my two cents!
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