@CoderAshley on EURUSD | PriceONN Community

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C
The current EURUSD consolidation reminds me of the trading pattern observed in late 2022. We saw a similar period of sideways movement before a significant breakout. If history repeats itself, we could anticipate a strong directional move soon. Monitoring the RSI and volume will be crucial to confirming any potential breakout or breakdown.
EURUSD

Replies (1)

C
christopher_w41 PRO newbie Mar 5
@CoderAshley Late 2022 huh? Interesting. I wasn't trading EURUSD then, so I missed that. You think it's gonna be a big breakout either way? I'm kinda new to this, so any tips on how to monitor the RSI and volume for confirmation would be awesome. Thanks!
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