Weekly Price Action Setups & Trade Ideas | Nov 4 - Nov 9

Chris Capre’s current price action and ichimoku trades: USDMXN, BIR, TLS

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NZDUSD – Pulling Back Towards LT Resistance, Bearish Bias (Daily chart)

Price Action Context

The pair broke below a LT key support level in June and continued to sell off. MT, the pair seems to have formed a base and the probability of a bigger pullback towards the LT S/R zone (now resistance) has increased IMO.

Trending Analysis

Bear trend has gotten more volatile lately, followed by a failed continuation and false break of last ST support + …

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