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 live price action and ichimoku trades: EURUSD, GBPUSD, USDMXN, USDJPY, EU 50, BIR, TLS
NOTE: Check out my top trade ideas for 2019.
EURUSD – Pulling Back Towards Key Resistance (Daily chart)
Price Action Context
After a failed attempt to fully clear the LT support between 1.1270-1.1300, bulls managed to re-gain some control, but the weak and very volatile bullish move from the support isn’t very convincing, suggest a more balanced order flow and continued bearish presence.
LT bias remains bearish while below 1.1515 and a potential move back up to the key resistance zone can offer possible trading locations to bears.
Key Support & Resistance Zones
R: 1.1450 – 1.1515
S: 1.1220 – 1.1275…