Categories
Charts, Levels and Strategizing

AUDNZD: Week of 19 July 2021

See daily chart of AUDNZD below for the discussion that follows.

A couple of weeks ago I wrote about AUDNZD that approached an important support level which it never reached. It is currently sitting at that same level and I’m looking to go long if I get confirmation in terms of candles.

Remember to always have your own trading plan in place and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Honor those stops and never bet the farm.

On Ideas: Don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.

Thanks for reading.

Thanks and Regards,

Trading SOS SOS