GBPJPY 5th wave
Bullish: We are currently @ 138.26 in a 5th wave. Two scenarios: Bullish: a move to the ATR Target @ 139.44 and a continuation later to the % 6 @ 140.52. 2: Bearish: A break down here would tell us this is a bear flag to start a C wave to the Trend wall and then get bullish there. Watch the USDX for direction. The ATR for the pair currently is 138 pips per day.
Recent free content from Pro Act Traders
-
GBP/USD – Targets the range top
— 11/21/24
-
NZD/JPY – Showing bearish signs
— 11/20/24
-
GBP/USD – Falling Wedge Breakout
— 11/19/24
-
GBP/USD – Rectangle Breakout https://www.proacttraders.com/blog/
— 11/18/24
-
GBP/CHF – In A Breakout
— 11/13/24
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]} {[comment.author.username]} — Marketfy Staff — Maven — Member
Want to add a comment? Take me to the new comment box!
- 1 Campus Martius, Suite #200Detroit, MI 48226
- +1 877 440 9464
