@kgarcia82 on EURUSD | PriceONN Community
Hey everyone, I'm trying to get a better handle on using RSI. With EURUSD's RSI(14) at 33.8, is that a strong sell signal? 🤔 I'm seeing it's below 50 so bearish, but how much weight should I give it compared to the SMAs? Any thoughts on how to combine RSI with other indicators for EURUSD? 🤔 Trying not to get rekt here. 😅
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Update: I'm also looking at the D1 chart, and it looks like EURUSD has been trending down for a while now. 📉 Does that longer-term trend override the RSI signal, or should I be focusing on shorter timeframes like H4? I'm thinking maybe wait for a clearer signal before jumping in. 🤔 Any tips on reading multiple timeframes?