@AngelaJones on EURUSD | PriceONN Community
Thinking about my EURUSD strategy for next week. With the weekend close a little bullish, I'm considering a small long position if it holds above 1.1810. But I'll keep a close eye on the RSI, as it's still neutral. Need to be careful, though, and set a tight stop-loss in case of a surprise Monday gap.
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Update: I'm also looking at the 50 SMA around 1.1805. If EURUSD breaks below that on Monday, I might reconsider my long idea. It could signal a change in momentum. I think it's important to be flexible and adjust your strategy based on what the market is actually doing, not just what you hope it will do.