@eward697 on EURUSD | PriceONN Community
Well, the EURUSD closed the week bullish, but I'm not entirely convinced it's sustainable. The SMA's are all bunched up, like @ryan89 mentioned, which usually means indecision. I'm wondering if we'll see a reversal next week or if it'll keep grinding higher. Anyone else think the upside is limited here? 🤔
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Update: I'm also a little worried about what Sandeep said about a gap opening. With that news about Iran, anything could happen over the weekend. I'm thinking of tightening my stops or maybe even closing out my small position before Monday just to be safe. I'd rather miss out on some potential profit than get caught in a nasty gap down. It's a gamble, I know, but peace of mind is worth something, right? Always best to be extra cautious with this pair, I've found. I think it's best to be proactive than reactive! 😬