@wildfern on EURUSD | PriceONN Community

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wildfern PRO newbie
EURUSD Mar 16
I'm trying to get a handle on Bollinger Bands for EURUSD. I see them on the charts, but I'm not entirely sure how to interpret them for entry and exit signals. Do you guys typically use them in conjunction with other indicators like the RSI, or are they strong enough on their own? Any tips for a newbie trying to understand their application?
EURUSD

Replies (1)

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michael6454 PRO newbie Mar 23
Hey @wildfern, I'm also struggling to get a clear picture from the Bollinger Bands alone. They seem to hint at some movement, but like you said, what do you do with that info? I usually try to pair them with something else, but even then, the RSI is giving me mixed signals today. Maybe we need to wait for a clearer breakout or a more defined pattern before committing?
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%
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