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.


Posted to Introduction to Forex Targe… on Nov 16, 2020 — 8:11 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
Want to add a comment? Take me to the new comment box!

Reviews Average Rating          

         
I feel I picked the right trading company.
         
See All Reviews →