New Zealand Dollar / Japanese Yen
Long
Updated

After this trade I retire

1 232
Trade of trades, I opened a position on Friday, but you're still on time. I'm warning you, you need to be very patient for this and have a unique personality. I'll try to handle it, I already put in my mind that it could take weeks until the break out and no matter what happens I'm holding. I recommend to open a small position and add at every drop or whenever you feel comfortable. Is a long run, is a chess game. Only the persistent will win.
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Adding. Remember, I'm trading this one in a monthly timeframe:

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Looks like is picking up steam

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Still on this one, price is approaching to a major resistance zone, if it is rejected I'll add more because is going to try again:

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Just added, Is goin to try again and again until it break out, every time it tries I'll add:

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Support is holding up. Adding more:

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It's going to try again. If you missed it, this is a good moment to open a long position. If it drops to the support line bellow, buy more. The Yen is no coming back anytime soon.

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It's very close to a massive breakout. Just added more:

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Is it finally breaking out? Looks like it is. Was a long wait, that what happens when I trade in the monthly timeframe :D:

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Heading to an important resistance at 94. We will see a fight up there. I'll hold.

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Added as shown, I hope it breaks it out at this attempt:

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Look at what its doing. Is breaking out a monthly resistance. If it closes above it by the end of the month nothing will stop it:

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I chased this trade for months, I'm exhausted. Finally paid off. It's now very close to an important resistance level at 97. Let's see what it does:

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Trade closed: target reached

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