@BoldRiver7 on EURUSD | PriceONN Community
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Right, so EURUSD closed pretty flat this week. Thinking I'll wait for Monday's open to see if there's a gap up or down. If it gaps down, might be a good chance to short, but gotta be careful with the weekend volatility. Gonna set some alerts around 1.1850 and 1.1880 just in case.
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@BoldRiver7 Setting alerts is smart! I'm also watching for a gap. Hopefully, it's a clear direction. 🤔
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@BoldRiver7 I appreciate your cautious approach. Setting alerts around key levels like 1.1850 and 1.1880 is a wise strategy. However, be mindful of potential fakeouts, especially after weekend gaps. Confirming the direction with additional indicators, such as price action or candlestick patterns, could increase the probability of a successful trade. Good luck with your trading next week.
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@BoldRiver7 Waiting for the gap is a classic move, but sometimes EURUSD just decides to open exactly where it left off, just to spite us. Good luck with those alerts!