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.
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EURUSD – Strong Bounce + Corrective Structure. Bottom in Place? (4hr chart)
After losing almost 8 handles since mid-April, the EURUSD is attempting to put a bottom in place. The pair had its first counter-trend impulsive move, which has been followed by a corrective structure at the highs of that move.
Thus far, the price action is starting to show signs of a bottom, which I feel is (for the most part) in place. The pair will need to clear 1.1750+ before adding some technical confluence …... Keep reading