See daily chart of EURUSD below for the discussion that follows.
EURUSD broke an important resistance level this past week. I will go long if price pulls back to support (previous resistance). That is, a retest of support plus confirmation in terms of price action / candles 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.
