@josephwhite24 on EURUSD | PriceONN Community

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J
I'm trying to understand pivot points better... S2 is at 1.17919, and it bounced off that level a bit earlier. Does that mean it's a good buy point? Or is it more likely to break through if it tests it again? What's your experience with using pivots for EURUSD?
EURUSD

Replies (1)

C
ChefLinda PRO newbie Feb 28
@josephwhite24 Pivots are good for potential support/resistance, but not guaranteed. I'd wait for other confirmation before buying just because it bounced off S2. Look at RSI, trendlines, other indicators too.
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