See daily chart of NZDCHF below for the discussion that follows.
A hammer / bullish pin bar formed at a support area (previous resistance) this past Friday. I will be looking to go long on the Sunday / Monday opening depending on where / how price opens.
AUDCHF (post from last week) did bounce but not from the area that I was inetrested in, so I never got involved.
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