Weekly Price Action Setups & Trade Ideas | May 20-25

usdpln false break setup 2ndskiesforex

Chris Capre’s Live Open Trades: EURNZD, XAUUSD, BIR

Wondering how to trade forex breakouts? Click here to see how I trade them.

USDPLN – Attacking LT Key Resistance Zone (Daily chart)
USDPLN has now arrived at the LT key resistance level which we mentioned in the weekly quiz, an area that should attract some bearish attention.

Closest high probability target location for bears looking to shorting the pair at this area would be the support zone that comes in between 3.5100 – 3.5360.

Bulls on the other hand would want to stand aside for now and wait for breakout pullback setups after clearing the resistance zone.

Stay tuned to the members daily trade setups commentary for updates.


... Keep reading