Weekly Price Action Setups & Trade Ideas | Nov 17-22

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Chris Capre’s current live open price action & ichimoku trades: AUDNZD, CORN, WTI, USDMXN, CHRW

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Forex Trade Idea: GBPUSD – Corrective Structure Ahead of Resistance (daily chart)

Price Action Context

After launching about 600 pips in early October at the prospects of Brexit coming to a close soon (still waiting), the forex pair has formed a corrective structure about 200 pips wide and slightly downward. 

Regardless of this corrective structure being counter trend …

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