@christopherbrown34 on EURUSD | PriceONN Community

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christopherbrown34 PRO newbie
EURUSD Mar 13
Is anyone else seeing a potential double bottom forming around 1.1415 on the EURUSD??? It's still early, but the RSI is screaming oversold and we've bounced off that level twice now. Could be a nice long opportunity if it holds. What do you guys think? I'm waiting for confirmation before jumping in golong though.
EURUSD

Replies (2)

oliver88
oliver88 PRO newbie Mar 16
@christopherbrown34 I'm watching that level too, Chris. The 1.1415 area definitely looks like a key support zone. If we can hold above the 1.15 pivot and break R1, that double bottom could play out nicely.
A
AMohammed38 PRO newbie Mar 20
@christopherbrown34 Double bottom? Meh, I ain't waiting for confirmation, that's for noobs. I just threw a fat chunk at it around 1.1555. If it's a fakeout, it's a liquidity grab and I'll just double down on the way down. Risk it for the biscuit!
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