@noah7235 on EURUSD | PriceONN Community
Planning my strategy for EURUSD next week, and the news flow is definitely complicating things. The technicals were suggesting a continuation of the recent bullish trend, with the price hovering around R2. However, the geopolitical risk from the Iran news could easily override any technical signals. I'm considering a two-pronged approach: If the gap on Monday is minimal and the price action quickly stabilizes, I'll look for scalping opportunities around the pivot points, focusing on short-term retracements. If the gap is significant and volatility spikes, I'll stay on the sidelines, waiting for a clearer picture to emerge before committing to any positions. I'm also adjusting my ATR-based stop-loss parameters to account for potentially wider price swings.