NZDJPY

Newbie here, but feel free to comment as there is only improvement with sincerety.

I saw the pattern and it looks like the support line is holding, that gap in November 2016 gave me that extra point of confidence. I don't see any shocking news in the horizon, so I believe that we'll have a bull to the resistance running for 30 days and a bear to the support running for 35 days.

Trade active:

The resignation of Cohn from the WH shocked many pairs, including all the xxxJPY ones. I stuck with it, I saw my position(s) dropping in a chasm but I knew that this wouldn't last for more than 24hours. I've first read about the resignation before 5pm on 6/3, but it only shocked the markets after it was published in the mainstream media (CNN, BBC, Bloomberg, etc.)

I still got my xxxJPY positions open and running as I believe it will reach the top of the wedge.

Next thing to fear is the NFP news on Friday, but we'll see about that in 36 hours!

Trade active:

Back where we started from, but no loss, just spent a few days sitting on an open trade. I saw that there were 2 bulls (one on the opening Sunday night and one today - so far) and thought to update.

For any newbie reading this, don't mess with JPY, this is a hard/strong currency.