Weekly Price Action Setups & Trade Ideas | Aug 19 - Aug 24

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Chris Capre’s current live open trades: NZDUSD, BIR, PLUS, TLS

NOTE: Ever wondered why you tend to have this fear of a loss and don’t pull the trigger, or on the other side of the coin, you find yourself revenge trading after a big loss? Check out my latest article on how your biology and psychophysiology make trading hard (and easy).

NZDUSD – MT Corrective Structure Held (4h chart)

Price Action Context

The MT corrective structure we mentioned in our recent members market commentary held and price broke through the support zone as we discussed with a strong impulsive move. Price is currently pulling back towards the broken support which now should act as a resistance zone.

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