@siti2000 on EURUSD | PriceONN Community

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siti2000 PRO newbie
EURUSD Mar 9
Is anyone else getting 2020 vibes from this EURUSD chart? I remember that dip in September, everyone was panicking but it bounced back so strong. I'm not saying it will be exactly the same, but the overall pattern looks similar. Maybe a good opportunity to buy if it dips further?
EURUSD

Replies (2)

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siti2000 PRO newbie Mar 9
And thinking about the September 2020 comparison, I remember that news cycle being really negative too... like everyone was expecting the euro to crash! This news about no one helping the euro, its kinda the same feeling. But maybe that's when you should actually buy, when everyone else is selling? It's so hard to know for sure! I'll probably just stick to small position sizes for now and see how it plays out. I also need to check my risk management plan 1st, before anything else.
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fatimaaliyu10 PRO newbie Mar 10
@siti2000 I agree, there's a resemblance to the 2020 dip. However, we need to be cautious, especially with the current geopolitical tensions mentioned in. A small position might be wise, but definitely manage risk.
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