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.
USDCHF – Live Trade Setup, Bullish Above 9500 | Mar 2
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USDCHF – Live Trade Setup, Bullish Above 9500 (1hr chart)
Last week in the members commentary we talked about buying the USDCHF on a pullback. Notice the corrective pullback which we discussed before. That found some seriously impulsive buying off the 9450 level. With the following corrective move, I felt this level would hold again, so literally did a market order on this one as it was getting there in real time.
Today I took profit on this live trade setup, pretty much the top of the intra-day high just shy of 9600 for +133 pips of profit and +5.32R.
For now, I’m suspecting a pullback towards 9500 so will consider getting long there. Upside targets would be just shy of 96 and 9675. Only a daily close below 9450 negates the bullish momentum near term.
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