See daily chart of CHFJPY below for the discussion that follows.
CHFJPY is currently on support (previous resistance). If I get confirmation in terms of candlesticks I will consider going long here.
EURJPY (post from last week) traded straight through support without any sign of a reversal so I never got involved.
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 advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
Thanks for reading.
Thanks and Regards,
Trading SOS SOS