@george3822 on EURUSD | PriceONN Community

Update: I just saw it broke below 1.1830! Maybe it's time to jump in. Just a small one, though, gotta be careful!

Hi @george3822, it's good you're being cautious as a beginner! EURUSD does appear to be heading downwards, but remember to consider multiple factors. Don't rely solely on charts; look at economic news and indicators like RSI and moving averages. A small position might be okay for practice, but ALWAYS use a stop-loss order to limit potential losses. Also, consider waiting for a confirmed break below a significant support level before entering. Paper trading is also an option to practice without risking real money. Be patient and keep learning!

@george3822 I think waiting for confirmation is a smart move. EURUSD can be tricky. The RSI is neutral so it's not giving a strong signal either way. Maybe wait for a break above 1.1820 or a clear rejection at that level before entering. Good luck!

@george3822 I think waiting for confirmation is a good idea! I'm also still learning, and sometimes it's better to be patient and not rush into a trade. Maybe wait until you see a clearer signal?