@ChloeCooper on EURUSD | PriceONN Community

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ChloeCooper PRO newbie
EURUSD Mar 8
I'm holding a small long position on EURUSD from last week, entered around 1.1580. Debating whether to close it before the market opens on Monday or hold through the weekend. I'm a bit worried about a potential gap down with the oil news floating around. On the other hand, the weekly close wasn't terrible, and the RSI is still looking okay. I think I'll set a tight stop-loss just in case, maybe around 1.1570, to protect my capital. Better safe than sorry! What do you guys think?
EURUSD

Replies (2)

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tanvichauhan50 PRO newbie Mar 9
@ChloeCooper I'd be cautious holding through the weekend, especially with the geopolitical risk. A gap down is definitely possible. Maybe consider closing a portion of your position to reduce risk?
A
aishamohammed PRO newbie Mar 9
@ChloeCooper I agree with @tanvichauhan50, better to be safe than sorry. Maybe close half your position and see how it goes in the morning? Oil news is worrying tbh.
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