Weekly Price Action Setups & Trade Ideas | Feb 3-7

palladium daily 20 ema support 2ndskies

Chris Capre’s current live open price action & ichimoku trades: USDMXN, EURRUB, EURMXN, AUDNZD, BIG, DIS, AC, ISD

New to Forex? Then check out my FREE Learn Forex Trading Course with videos, quizzes and downloadable resources

Top Trade Review: Check out our latest Forex Top Trade Review of my student making +190 pips profit on the AUDJPY forex pair.

Forex Trade Idea: EURUSD – Large Corrective Structure, Looking to Buy (daily chart)

Price Action Context

Since November of last year, the EURUSD has been trading within a large corrective structure between 1.10-ish and 1.12.

We’re going to keep playing this corrective structure until we get a weekly close outside of it, and thus are looking to buy.

Trending Analysis

ST …

... Keep reading