GBPJPY topping out

Bearish: We are currently @ 151.92 at a day chart top. IF we can break slope support, we are looking for a move to the ATR Target @ 150.69 area. A continuation would target the 0.500 Fibo @ 149.84. Watch the USDX for any change in direction. The ATR for the pair currently is 119 pips per day

Posted to Introduction to Forex Targe… on Mar 15, 2021 — 8:03 AM
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