@starwave733 on EURUSD | PriceONN Community
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Saw a bullish engulfing pattern form on the 15m chart just now. Looks like a potential short-term reversal after that dip. Let's see if it holds.
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Hi @starwave733, that bullish engulfing on the 15m is definitely a sign to watch. Let's see if it gets confirmed by volume and holds above that 1.15442 daily pivot.
Hey @starwave733, saw your comment about that bullish engulfing on the 15m. Honestly, I'm a bit skeptical with the weekend volatility and that whole dollar weakening thing. The DXY has been acting weird, not like a safe haven at all. I'm watching to see if it can break that R1 pivot you mentioned. If it doesn't hold above 1.1544, I'm not chasing it. Might be a dead cat bounce before another leg down. But hey, if it breaks through, I might even go full margin long, 100x leverage, why not?