EURGBP: Channel Continuation

Bearish: Currently we are at 0.8855 in a 3rd wave. We are looking for a move to the ATR Target @ 0.8718 and then watch for a 4th wave bounce. The average daily true range (ATR) for the pair currently is 212 pips. WATCH THE USDX for more clues.

Posted to Introduction to Forex Tar... on Mar 31, 2020 — 8:03 AM

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  • {[]} — Marketfy Staff — Maven — Member
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Great weekly analysis, very useful and educational.
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