@wiseBear2 on EURUSD | PriceONN Community

Hey @wiseBear2, yes! I also noticed the RSI being below 30! I think that means it's oversold too, but tbh, I'm still kinda confused about how reliable it is on its own. I've read that it's best to use it with other indicators, like maybe the SMA or something? About the stop loss, I think it depends on your risk tolerance. Maybe try looking at previous support levels, like around 1.1570, and place it a bit below that? But please, I'm also a beginner, so don't take my word for it! 😅 Let's learn together!