@bluetide on EURUSD | PriceONN Community
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What's everyone's take on the longer-term outlook for EURUSD? I'm seeing a potential descending triangle forming on the D1 chart, which could signal a significant breakdown. However, the pair has been known to fake out before. Are any of you guys considering hedging strategies to mitigate the risk from unexpected news events next week? I'm especially curious about using options to protect against volatility. Any thoughts on optimal strike prices and expiration dates? Appreciate any insights!