Live Price Action Trades of the Week | May 3rd

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Just a few days before Cinco de Mayo, but wanted to share some winning live trades from the students in our price action course. There were a range of trades, from a false break setup, to a few pin bar signals, all across a range of time frames from the 4hr, 1hr and 5m chart.

#1 GBPUSD 1hr False Break + Engulfing Bar +85 pips

Here is a trade on the 1hr chart, whereby the student aptly found a false break + engulfing bar setup. Notice how the price action just consolidated after their entry, showing the buyers were holding the line and accumulating for the big break higher.

#2 USDCHF Pin Bar Setup on the 5m Intra-Day Chart

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