@AaravSharma5 on EURUSD | PriceONN Community

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A
Anyone else notice that doji forming on the H4 chart? Could signal indecision and a potential reversal, but with the oil news still hanging over the market, I'm hesitant to jump in just yet. Gotta see how it plays out.
EURUSD

Replies (2)

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AaravSharma5 PRO newbie Mar 8
Thinking about waiting for confirmation before making any moves. Maybe a break above the doji's high or a drop below its low. Also, the RSI is still pretty low, so there might be more downside potential. Could be a dead cat bounce before another drop, especially with all the global uncertainty.
shwetayadav42
shwetayadav42 PRO newbie Mar 9
@AaravSharma5 that doji is interesting, but I'm seeing some bearish divergence on the RSI as well. Might be a good short opportunity if it breaks down.
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