Weekly Price Action Setups & Trade Ideas | May 27 - Jun 1

euraud trade ideas 2ndskiesforex

Chris Capre’s current live open trades: EURJPY, XAUUSD, BIR

NOTE: Do you know the 5 components you need for your trading plan?

EURAUD – MT S/R Held on Re-Test, LT Support Likely Next (Daily chart)
As highlighted in our daily trade ideas earlier this week, the EURAUD impulsively broke through a MT support level. After a brief re-test of the level, the journey south continued.

Congratulations to all the course members who were able to take advantage of this trade setup as many of you posted. This was a solid ST trade opportunity and those able to catch the re-test should be in good profit by now.

A continuation down towards the LT key support level is very likely, a …

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