NZDJPY has a carry I Iike, so even though I have been waiting on this trade I jumped in without total confirmation. The trend line coming down from above is drawn on the weekly. With the support below I am thinking its time for it to edge up and test that baby.
Trade active:
Well, entry entry paid off this time. I'm waiting on a pullback to get back in.
Trade closed: stop reached:
Well, I stopped out, but now we have a double bottom to build on. I'm waiting for confirmation to get back in.
Comment:
Waiting on entry next week.
Comment:
I got in again and took small profit this week but I'm waiting for the bigger move.