@imitchell926 on EURUSD | PriceONN Community
Gap opening risk is def something to consider this weekend. EURUSD closed kinda neutral but geopolitical stuff could change things fast. I'm thinking of tightening my stops just in case. Better to protect profits than get caught off guard!
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Just tightened my stop to 1.1590. Feeling a bit more secure now! Let's see what Monday brings. 🤞
Update: I'm also looking at the weekly chart, and EURUSD is still below the 200 SMA on that timeframe. That's a pretty significant resistance level! If it breaks above that, I'll be more bullish, but until then, I'm cautious. I'm thinking a gap down is more likely than a gap up tbh, especially with all the uncertainty in the market. I'll keep an eye on news over the weekend and adjust my strategy accordingly! maybe even reduce my position size a little bit just to be extra safe, y'know?