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.
Chris Capre’s current open price action and ichimoku trades: EURUSD, GBPUSD, USDMXN, BIR, TLS
USDJPY – Close to LT Resistance (Weekly chart)
Price Action Context
Trading within a LT corrective structure and price action has recently tested the top of this zone which lead to a solid bearish rejection in the beginning of October, indicating that bears are willing to defend this area. Last two weeks bulls have taken control again and are now pushing price up towards the resistance again.
Neutral while trading inside this LT range. Bears interested in playing this range can look for potential trading opportunities around the LT resistance zone.
Key Support & Resistance Levels
R: 114.30 – 115.50
S: 107.30 – 108.30…