Weekly Price Action Setups & Trade Ideas | May 5 - May 10


Chris Capre’s live open price action and ichimoku trades: EURUSD, GBPUSD, EU50, SUI 20, INR.FR

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

Looking to learn more about day trading? Read my latest article Forex Day Trading Strategies, Rules & Tactics

EURGBP – Heavy Selling Towards MT Key Support (4h chart)

Price Action Context

After a double top at 0.8680, which made has made us adjust our MT key resistance area, bears stepped in with force and pushed price all the way down to the MT key support level within 1,5 week.

Trending Analysis

LT & MT bias is bearish. If bulls are able to defend this MT support, it’s …

... Keep reading