See daily chart of EURNZD below for the discussion that follows.
EURNZD broke out of a consolidation recently, resuming its prior uptrend. If price retrace to support (previous resistance), I will look to go long if I see bullish candlestick price action.
Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.
On Ideas: Please don’t take this as trading / financial advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
