Weekly Price Action Setups & Key Levels | Aug 28 - Sep 1

Corrective Structure Held Followed by 2500 Pip Move USDNOK 2ndSkiesForex - Price Action

My current active open positions: GBPUSD, AUDCHF, CHFJPY, EURNZD, AX_UN, CUF_UN, CSE, FTS, REMX, SBER, TRP, XHB, XIV, FXo EURJPY, FXo EURPLN

USD/NOK – Trade In Profit As Corrective Structure Held Followed by 2500 Pip Sell Off (4h chart)
The MT corrective structure and even handle we mentioned in our members market commentary on the 9th of August held like a brick wall and offered 2 good shorting opportunities. After two re-tests of the level, price initially sold off +1400 pips broke through the bottom of the structure and continued to sell off for another 1100 pips.

Congratulations to the course members who profited from this move.

8.00 being is a critical level for this pair and the fact that …

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