GBPJPY–Trading the box? | Marketfy

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GBPJPY–Trading the box?

By Pro Act Traders — Author

Bearish: Currently we are @ 147.48 in a well-built range. We completed the move out of the symmetrical triangle to the top and appear to have made the turn to the downside.We are looking for a continuation to the 0.500 Fibo @ 146.50 and then to the box support @ 146.00. The average daily true range (ATR) for the pair currently is 150 pips.

Posted to Introduction to Forex Targe… on Jun 12, 2018 — 8:06 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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