Weekly Price Action Setups & Trade Ideas | Aug 11-16
Chris Capre’s current live open price action and ichimoku trades: AUDNZD, AUDCAD, SLV, AUS200
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EURUSD – CT False Break @ Key Support (Daily chart)
Price Action Context
After sellers failed to produce a bearish continuation after the false break below the key support around 1.11, bulls rushed back in, pushing price back above the MT support.
Trending Analysis
LT bias is bearish and sellers can look for potential shorting opportunities on rallies into resistance …
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