@SharpReef40 on EURUSD | PriceONN Community

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SharpReef40 PRO newbie
EURUSD Feb 19
Good day, traders. I am relatively new to trading EURUSD and I am trying to understand potential entry points. Considering the current neutral trend and the RSI around 44, do you believe waiting for a clearer signal, perhaps a break above the 50-day SMA at 1.18209, is a prudent approach? Or are there other indicators I should be observing more closely for confirmation? Your insights would be greatly appreciated.
EURUSD

Replies (1)

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georgia9222 PRO newbie Feb 21
Hi @SharpReef40, waiting for confirmation is always a good move when you're new. That 50 SMA is a decent level, but maybe also look at the pivot points for potential support/resistance? Just a thoguht. Good luck!
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