Live Price Action Trades of the Week | Oct 19th

eurjpy pre breakout setup price action 2ndskiesforex

While undoubtedly the markets were volatile, and there was an air of uncertainty from the US Gov’t shutdown, there were definitely a lot of trade opportunities over the last few weeks, with some really solid price action setups that our traders scooped up throughout the week. Here are just a few of them below;

#1 5m Breakout Setup on EURJPY

Using our pre-breakout pattern recognition, this trader using the 5m chart on the EURJPY spotted a really good setup grabbing a pre-breakout entry on the pair before it within 5 minutes later, moved into the green and within 10 minutes took off for a quick breakout and over 2.5R setup.

#2 +32 Pips 1hr Chart NZDUSD

Spotting a good pullback …

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