The current EURUSD situation seems quite neutral. With RSI at 49.8 and price hovering around the 20 SMA at 1.17869, it's hard to discern a clear direction. How do scalpers typically approach such indecisive markets? I'm trying to figure out how to backtest strategies for these conditions.
Hey @mumKavita22, scalping indecisive markets can be tricky! I often look for very short-term overbought or oversold conditions using a faster RSI, like a 7 or 9 period. Then, I target small profits with tight stop losses. Backtesting is key to find what works for you!
