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 open positions: EURUSD, GBPUSD, AUDJPY, EU50, INR.FR, BIR, TLS
NOTE: Trading is a game of numbers and stats are your window into those numbers. Read my latest article 6 Trading Statistics You Need to Know To Make Money Trading.
GBPUSD – Weaker Rejections From MT Key Support (4h chart)
Price Action Context
Following the two strong bullish attacks on the LT resistance around 1.3350 in late February and mid-March, which both were successfully rejected, bulls seem to be losing steam. Each rejection from the MT support is getting weaker, with bears stepping in earlier and earlier each time, showing by the series of lower highs printing, which can be an early indication that this MT support potentially might …... Keep reading