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.
My current active open positions: NZDUSD, Silver, AUDUSD (option) and SBer
AUD/CHF – Closing in on strong LLT
This pair has been in a long term corrective structure and is now again closing in on a major resistance zone between 0.7550 and 0.7600 that has been tested multiple times since the end of last year. Each test of the zone has so far resulted in 300+ pips sell offs.
Even though we see a build up towards the resistance zone, for now I am still maintaining a bearish bias because the zone has held for so long. Further build up and a continued squeeze towards the zone on the other hand could indicate a possible pre-breakout setup forming.
If the …... Keep reading