NZDJPY (Update)_4th Week of Aug 2021
Price is currently approaching the swing high trendline
We would like to monitor if the price potentially reverse from the correction channel by looking at the candlestick and overall price pattern
Important note to me and to my dear friends:
*There is no right or wrong setup, the important is a need to understand on how to manage our trade by knowing:
1. When to exit from the market when the price didn't go to our direction
2. When to hold and scale our trade if the price is in favor to our direction
3. When to secure our profit
* In trading the market, is either we make a large profit, small profit or we breakeven
Cheers!
We would like to monitor if the price potentially reverse from the correction channel by looking at the candlestick and overall price pattern
Important note to me and to my dear friends:
*There is no right or wrong setup, the important is a need to understand on how to manage our trade by knowing:
1. When to exit from the market when the price didn't go to our direction
2. When to hold and scale our trade if the price is in favor to our direction
3. When to secure our profit
* In trading the market, is either we make a large profit, small profit or we breakeven
Cheers!