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

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Chris Capre’s current live open price action & ichimoku trades: USDMXN, EURRUB, EURMXN, BIG, SIG, DIS

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Forex Trade Idea: EURMXN – Impulsive Selling At Resistance, Staying Bearish (4hr chart)

Price Action Context

Continuing with the bear trend, the EURMXN had found some minor support around 20.96 which mostly mounted a small corrective pullback up to 21.25.

This was followed by more selling which broke below the prior support.

Notice how the corrective pullback really struggled at the 20.96 resistance level which …

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