Charts, Levels and Strategizing

EURJPY: Week of 15 January 2024

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

EURJPY is close to an area of support. I will go long in this area if I get bullish price action / candlesticks as confirmation (as per my strategy).

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.

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