Categories
Charts, Levels and Strategizing

EURNZD: Week of 14 February 2022

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

EURNZD is currently stalling (showing indecision) on support (previous resistance). I will consider going long here if I get more confirmation of this support in terms of price action / candles.

EURJPY (post from last week) did retest support, but I never got the confirmation I needed to enter. It’s currently below support, so I’m not much inetersted in it for now.

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