@AmeliaChef on EURUSD | PriceONN Community

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AmeliaChef PRO newbie
EURUSD Feb 28
I'm currently holding a long position on EURUSD initiated earlier this week, near the 1.179 level. Given the weekend close around 1.18126, I'm considering tightening my stop-loss to just below the 50-day SMA at 1.18052 to protect profits in case of an unexpected gap down on Monday. Risk management is key over the weekend!
EURUSD

Replies (1)

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AmeliaChef PRO newbie Feb 28
Update: Thinking about my position, I might partially close my EURUSD long on Monday if it opens near R1 (1.18217) to secure some gains. Then I'll re-evaluate based on the H4 chart and price action. A close above R2 would signal a continuation of the uptrend and I'd consider adding to my position.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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