About Chris Capre

Chris Capre (Head Trader - 2ndSkiesForex) provides weekly forex, stocks, futures, commodities, and CFD trade setups, trade ideas, technical analysis and market commentary. Chris Capre uses his core models of trading price action context, the order flow behind it, and the ichimoku cloud. We have free market commentary published on our site every Sunday or Monday, while we offer daily trade ideas and price action analysis 4x per week for the members of our price action course. To learn more about becoming a member, click here.

Trade Idea: USDCHF - Looking to Sell Into Corrective Structure - Aug 27

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USDCHF – Still In Large Corrective Structure, Looking to Sell (4hr chart)

Price Action Context

Stuck inside a large corrective structure between 9700 and 1.000, the USDCHF has been largely inside a range, with some bearish hints via the last two lower highs.

I’m looking to sell into resistance either at 9868 or just short of parity.

Trending Analysis
ST bearish and MT neutral while inside this large corrective …

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