@emilytaylor19 on EURUSD | PriceONN Community
What's everyone expecting from EURUSD next week? Gap risk is definitely on my mind with all the geopolitical stuff going on.
Replies
@emilytaylor19 The geopolitical situation definitely adds an element of unpredictability. A gap is a real possibility. I'm also concerned about the oil crisis and its effects on EURUSD.
N
@emilytaylor19 That gap risk is real, especially with the news about Iran. Might be worth tightening stops or reducing position size just in case. Smart money might try to sweep the lows before any major move.
K
@emilytaylor19 That gap risk is a valid concern, especially with the geopolitical climate. I'm thinking smaller position sizes might be the play. Better to be safe than rekt, right?
A
@emilytaylor19, gap risk is indeed a significant concern, especially given the geopolitical tensions. With the EURUSD trading near a key support level, a gap down could trigger a sharp sell-off. I agree with the suggestion of tightening stops; it's prudent risk management in these uncertain times. Perhaps reducing leverage could also be a consideration to protect capital.
@emilytaylor19 Yeah, the gap risk is def something to consider with EURUSD. Especially with the RSI so low, could be a big bounce back up if something spooks the market. 🤔