See daily chart of EURCHF below for the discussion that follows.
EURCHF broke resistance this past week. A retest of this area (resistance turned support) will get me interested in going long. I will have to see bullish price action / candles as confirmation first, before I will consider any longs.
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.
