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.
Trade Idea Update: USDCHF Corrective Structure Signal In Profit | Sept 24
Chris Capre’s current live open price action & ichimoku trades: AUDNZD, CORN, WTI, USDCHF, USDMXN
New to Forex? Then check out my FREE Learn Forex Trading Course with videos, quizzes and downloadable resources
Want to find unique trading opportunities? Check out my latest trading video on how to find dynamic support & resistance.
USDCHF – Sell Trade Signal In Profit, Keep Playing the Range (4hr chart)
Price Action Context
In our Sept 15-20 trade ideas commentary, we talked about the large corrective structure on the USDCHF and that we were looking to sell. As you can see from the chart below, this is exactly what happened with the USDCHF forex pair hitting our resistance zone and selling off about 100 pips since.
Congrats to all the members who profited from this trade setup. Traders not already short can look for weak pullbacks into resistance.
MT the corrective structure still dominates so look to play both sides until it breaks.
Key Support & Resistance Zones
R: 9970, 1.00
S: 9775, 9690
Want More? My private members get all my trade ideas & market commentary 4x per week. Click here to become a member.