Categories
Charts, Levels and Strategizing

NZDJPY: Week of 20 November 2023

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

NZDJPY is testing an area of support (previous resistance). I’m looking for bullish price action / candles as confirmation 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.