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Weekly Price Action Setups & Trade Ideas | Sept 15-20

audnzd breakout pattern 2ndskiesforex

Chris Capre’s current live open price action & ichimoku trades: AUDNZD, CORN

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Want to learn how to trade breakouts profitably? Check out my latest trading video where I share my favorite pattern for trading breakouts.

AUDNZD – Breaks MT Resistance, Bullish ST (4hr chart)

Price Action Context

Continually gaining ground since the RBNZ rate cut, the AUDNZD has broken above a key MT resistance levels around 1.0710. Notice the breakout pattern which we recently did a video on, and how well that played out for a profitable trade setup?

Trending Analysis

ST I’m bullish while above 1.0710 on a daily closing basis. …

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