GBP/JPY – 5th wave on deck

Pro Act

GBP/JPY – 5th wave on deck

By Pro Act Traders — Author

Bullish: We are currently @ 185.07 in a range. We have completed 4 waves and a break of the slope resistance and we are looking for a continuation to the 0.382 Fibo @ 185.81 with the further target for today the ATR Target @ 186.45. Watch the USDX for direction. The average daily true range (ATR) for the pair is 141 pips per day and it’s 90 day average is 150 pips per day. USDX is currently threatening a move down at the channel wall.

Posted to Introduction to Forex Targe… on Nov 08, 2023 — 8:11 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

AUD/JPY – Wedge breakout points to a double Bottom — 12/18/24
USD/JPY – One more push up — 12/16/24
EUR/JPY – Bears taking over — 12/12/24
EUR/AUD – Rising wedge at the Top — 12/11/24
USD/JPY – On the Move — 12/10/24

You can also use Ctrl+Enter to post

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

{[comment.date_posted|date_format]} ● {[comment.date_posted|date_ago]} ● Edited ● Edit Comment ● Delete Comment

Want to add a comment? Take me to the new comment box!

By jennifer santiago — 3 years ago

I feel I picked the right trading company.

By rakeshnarwal — 4 years ago

See All Reviews →

Pro Act