@wiseDune4 on EURUSD | PriceONN Community

@wiseDune4, I see what you mean about the 200 SMA acting as support. However, with the geopolitical situation escalating, I'd be cautious about relying too heavily on technicals alone. The market could easily gap down on Monday. Consider reducing your position size or waiting for a clearer signal after the open.

@wiseDune4 It's good you're being cautious and watching the 200 SMA. I think it's important to consider the broader context, though. While the 200 SMA might provide some support, the overall bearish momentum, combined with the potential impact of the geopolitical news, suggests that a break below that level is quite possible. I'd also recommend looking at the H4 chart for more short-term clues. If we see a confirmed breakdown on the H4, a short position might be worth considering, but always manage your risk carefully.