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.
GBPJPY Role Reversal Setup Profits +100 Pips | Oct 8th
GBPJPY – Sells Off At Breakout Level
In this weeks market commentary, we suggested selling GBPJPY at the key role reversal breakout level of 156.65. Today it literally came a half pip from this level, then sold off communicating offers were waiting at this exact level where savvy price action traders profited nicely. The pair sold off for the next 4 hours and +100 pips, so hopefully you locked in some good profit at this point. For now the pair remains bearish below this level. A break below 155.30 will accelerate losses to 154.50. Only a daily close above 156.65 will change the tune short term.
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