See daily chart of NZDJPY below for the discussion that follows.
NZDJPY broke resistance this past week. Should price retrace and I see it’s confirmed as support (prior resistance turned support) via price action / candles… then I will look to go long.
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.