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.
AUDUSD – Price Action Continues to Build Ahead of Key Resistance Zone | Nov 1
My current active open trades: AUDUSD, Silver, EURGBP, AUDUSD (option), $Sber
AUDUSD – Price Action Continues to Build Ahead of Key Resistance Zone (daily chart)
After 4 attempts in the last few months, the AUDUSD price action continues to build ahead of the key resistance zone between the 77 and 78 handle. MT I’m bearish while below this zone, but ST the lower highs and price action build up is painting a different picture.
If the zone holds, then an attack on 76 and 75 would likely be on deck. However if the zone breaks, then we’re in a bullish structure ST & MT till about 8000.
Want More? My private members get all my trade ideas & market commentary 4x per week. Click here to become a member.