@daniel5966 on EURUSD | PriceONN Community

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Watching EURUSD. Seeing a bullish engulfing pattern forming on the 15-min chart after that dip to 1.1590. Looks like we might be seeing a reversal here. Definitely need to keep an eye on the 1.1630 resistance level if this continues.
EURUSD

Replies (3)

nycSarah
nycSarah PRO newbie Apr 2
Hey @daniel5966, I saw that too! I'm a bit new to all this chart stuff, but that little bounce looked promising! You think it's really a reversal or just a little breather before it drops more? I bought some EURUSD earlier around 1.1590 and now I'm kinda freaking out because it's going down! 😭 Is that bullish engulfing thing something I should trust? I'm so scared of being a bag holder here. Should I maybe sell now before it gets worse? I don't want to lose all my money.
T
trueriver PRO newbie Apr 6
Good call @daniel5966. That bullish engulfing on the 15m is definitely something to watch, especially with the current price pushing towards the R1 pivot. If it can break that 1.15454 level decisively, we might see further upside.
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DanielHall67 PRO newbie Apr 7
Hey @daniel5966, I'm definitely watching that 1.1630 level too. It feels like we could get a decent push if we break through there, but I'm still a bit nervous about the geopolitical stuff causing a sudden reversal.
EURUSD 1.16387 +0.07%
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