See weekly chart of NZDCAD below for the discussion that follows.
NZDCAD formed a hammer on the weekly chart right on support. I will be looking to go long if price can retrace a bit.
GBPJPY (post from last week) bounced from support and I did enter. It did not move much after that, let’s see what happens this coming week.
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