Hi, I'm Chris Capre, founder of 2ndSkiesForex. I'm a verified profitable trader and trading mentor. As a professional trader, I specialize in trading Price Action and the Ichimoku cloud. As a trading mentor, I have one goal: to change the way you think, trade and perform using 18 years of trading experience and cutting edge neuroscience to wire your brain for successful trading. Want to improve your trading edge and mindset? Check out my trading courses here.
Chris current live open trades: NZDUSD, BIR, PLUS, TLS
NOTE: I just closed my EURJPY short for +330 pips of profit (see below). We shared this trade setup with our course members ahead of time. To become a member, click here.
EURUSD – Broken Through LT Support (Daily chart)
Price Action Context
The MT corrective structure held and after roughly 2 months of corrective price action, but Friday we saw an impulsive move through 1.15 and a very strong daily close below. If this LT impulsive/corrective sequence plays itself out, an impulsive continuation lower is very likely.
Bearish after the break and close below the LT support level, which now should act as resistance. Looking to sell on …... Keep reading