Categories
Charts, Levels and Strategizing

EURJPY: Week of 7 February 2022

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

EURJPY broke resistance after a very strong run this past week. I will consider a long if price pulls back and confirms support (prior resistance) in terms of candles / 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 advise. Please do your own due diligence before entering any trade. Also see Disclaimers.

Thanks for reading.

Thanks and Regards,

Trading SOS SOS