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.
EURUSD – Looking to Sell (4hr chart)
Although we saw a price action exhaustion spike lower followed by a false break and bounce back up towards 1.09, I’m suspecting the Euro will be sold on pullbacks, so am looking to sell on a rally.
My pullback zone I’m looking to get short around is 1.1070 as this is a key role reversal level. Downside I’ll be targeting 1.09 and 1.0827. Only a daily close above 1.1070 negates my bearish bias.
Read my latest article 8 Resources for the Trading Mindset, Meditation & the Brain…... Keep reading