@kamranhaider on EURUSD | PriceONN Community

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K
Hey everyone, I'm seeing a potential bullish engulfing pattern forming on the H4 chart for EURUSD. 🤔 It's still early, but if it confirms, we could see a push towards that 1.164 level. I'm still learning these patterns, so what do you guys think? Is it too early to call it?
EURUSD

Replies (1)

K
kamranhaider PRO newbie Mar 10
Played out like I expected btw, nice 😄 So, about that bullish engulfing... I'm noticing the volume wasn't super high on the engulfing candle itself. Should that be a concern? Also, the RSI is still below 50, which makes me a little hesitant. Maybe I should wait for a retest of the 1.161 support before adding to my position? Or am I overthinking this? 🤔 I'm trying to be more patient with my entries, but it's hard!
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