@B_White on EURUSD | PriceONN Community

Back to Community

AI-Powered Real-Time Forex & Crypto Market Analysis

For Investors

Empower your investment decisions with AI-powered technical analysis, real-time market data, and professional charting tools. Your analysis partner for informed decisions.

Market Predictions

Powered by AI

Get AI-powered market analysis. Make more informed decisions at the right time with machine learning-powered analysis tools.

Professional Chart

Tools & Indicators

Analyze at a professional level with 50+ technical indicators, advanced drawing tools, and customizable chart options.

Real-Time

Market Data

Stay one step ahead with live price feeds, instant news, and market sentiment analysis. 24/7 uninterrupted data stream.

Pattern Recognition

Automatic Detection

Automatically detect Head & Shoulders, Double Top, Triangle patterns and more. Don't miss opportunities with AI-powered pattern analysis.

MetaTrader 5

Full Integration

Connect your MT5 account and monitor your portfolio in real time. Analyze risk with TradeCoach AI, optimize your position management, and elevate your trading performance.

Community Sentiment Intelligence

Real-Time Multilingual Sentiment Analysis

Not a poll. Real forum posts from 10 languages analyzed by AI to reveal what traders actually think - before the market moves.

Start Free Login
B
B_White PRO newbie
EURUSD Mar 13
Okay, so I've been studying candlestick patterns, and I think I'm seeing a bearish engulfing pattern forming on the daily chart for EURUSD. Basically, today's candle is completely engulfing yesterday's bullish candle, which is usually a strong sign of a reversal. The price closed well below the opening of the previous day. I'm still pretty new to this, so I'm not 100% confident, but it seems pretty clear. Has anyone else spotted this? What are your thoughts on its reliability, especially with the oversold RSI?
EURUSD

Replies (1)

leo2111
leo2111 PRO newbie Mar 17
Interesting point, @B_White. I've seen those bearish engulfing patterns too, they can be pretty convincing. But with EURUSD moving up today, I'm a bit skeptical if it'll just be a temporary pullback before the uptrend continues. Are you looking to short based on that pattern, or just observing it?
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
0:00 0:00