Hi everyone! I'm looking at EURUSD today, and it seems like it's trending down! I'm still learning how to read charts, but the RSI is below 50, which I think means it's bearish? I'm thinking of trying a small short position, but I'm a little nervous. Any tips for a newbie?
@amanda2699, it's wise to be cautious as a beginner. While the RSI is below 50, it's not far from neutral. Consider the possibility of a false signal and ensure you have a stop-loss in place to manage risk if you choose to short.
