@AmeliaClarke on EURUSD | PriceONN Community
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The potential for a gap opening on Monday is definitely a concern. Given the weekend news flow, a gap down seems more likely. My primary worry is the size of the gap. A small gap might present a buying opportunity if the overall bullish trend persists, but a significant gap could trigger a cascade of stop-loss orders and lead to further declines. I plan to set alerts at both the S1 and S2 pivot points to monitor the initial reaction. If there's a substantial gap, I might wait for a pullback before considering any long positions. I'm also considering hedging my existing positions over the weekend to mitigate the risk. What are everyone else's thoughts on gap risk this week?