Chris Capre’s current open trades: EURCAD, EURGBP, BIR
NOTE: Want to know how I trade price action with my own money, check out this webinar on price action and order flow here.
EURCAD – Pulling Back Towards LT Support (Weekly chart)
After multiple strong attacks on the key resistance ~1.61 which we mentioned in our commentary recently, bears held the line with the pair selling off over +400 pips.
Congratulations to those members who profited from this trade setup as many of you posted some great trades.
For now I anticipate price to pull back towards the weekly support level where I expect some MT bulls to be parked.
If this zone fails, a weekly …... Keep reading