@RohanShah on EURUSD | PriceONN Community
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I'm relatively new to swing trading and I'm trying to understand the best way to interpret Bollinger Bands in the current market conditions for EURUSD. The bands seem quite narrow right now. Does this suggest a period of low volatility, and if so, what trading strategies might be appropriate? Should I wait for a breakout before entering a position, or is there an opportunity to capitalize on the current stability? Also, how reliable are Bollinger Bands when combined with RSI as a confirmation signal? Any insights would be greatly appreciated!