GBPJPY Breakout

Bearish: We are currently @ 138.10 after a breakout. We have the start of convergence for the downside move on the 60-minute chart. We are looking for a continuation to the ATR target @ 137.42 and maybe the 0.500 Fibo @ 137.11. Watch the USDX for direction. The ATR for the pair currently is 94 pips per day.


Posted to Introduction to Forex Targe… on Aug 04, 2020 — 8:08 AM

Recent free content from Pro Act Traders

Comments ({[comments.length]})
Sort By:
Loading Comments
No comments. Break the ice and be the first!
Error loading comments Click here to retry
No comments found matching this filter
  • {[comment.author.username]} — Marketfy Staff — Maven — Member
Want to add a comment? Take me to the new comment box!

Reviews Average Rating          

         
         
Great weekly analysis, very useful and educational.
See All Reviews →