Weekly Price Action Setups & Trade Ideas | May 12 - May 17

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Chris Capre’s current live price action and ichimoku trades: EURUSD, GBPUSD, AUDJPY, EU50

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GBPUSD – 2nd Pullback Towards Key Support After False Break (4h chart)

Price Action Context

After a strong bullish reaction to the key support after the false break we saw end of April, price is now again pulling back to the support zone.

Trending Analysis

MT bias is bullish and buyers might find this pullback to the key support attractive in terms of potential buying opportunities. A break and close …

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