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.
EURUSD – Long Tailed Pin Bar Signal on Daily Time Frame | May 15th
EURUSD – Long Tailed Pin Bar Signal + False Break on Daily Time Frame
After forming the large engulfing bar + false break we talked about last week, the Euro has formed a long tailed pin bar today at a key event area (support level). The 4hr charts suggest the rejection has likely recovered the key level, so we’ll look for short term longs here.
Our Trade Idea: Look to get long on a short pullback to the 1.3689/1.3670 support zone, with stops below today’s low. Note – we are not using any ‘trade entry trick‘ – just pure price action trading and analysis. Upside targets will be 1.3755 and 1.3890.
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