Weekly Price Action Setups & Trade Ideas | May 13 - May 18

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Chris Capre’s Current Live Open Trades: AUDUSD, BIR

NOTE: Has Your Forex Trading Mentor Shown Verified Results They Make Money Trading? 

GBPCHF – Corrective Move Towards Key Support (Daily chart)
In the beginning of April, after a brief correction, GBPCHF cleared a key support zone with a bullish impulsive move.

During the last 4 weeks price has been pulling back towards the support zone in a corrective pullback which further bolsters the bull case with the April highs as our bull target.

On the other hand, a strong daily close below 1.3300 would open up for technical selling with support levels coming in at 1.3120 and 1.2900.

LTCUSD – False Break @ MT Resistance, Likely Headed For Key Support (Daily

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