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 Capre’s current open price action and ichimoku trades: EURUSD, GBPUSD, USDMXN, USDJPY, BIR, TLS
ATTN: Got a full time job and can’t day trade? Make sure to read my article about trading daily and 4 hour price action.
USDJPY – Approaching Key Resistance (Daily chart)
Price Action Context
After multiple bullish attempts to clear the LT resistance during Q4 last year, bears ultimately got the upper hand and pushed price all the way down to ~105.00 within 3 weeks, ending with a massive flash crash. Since then, price has recovered from the sell off and is now approaching a key resistance zone.
MT bias is bearish whilst below 108.30 and ST/MT bears might find the current pullback …... Keep reading