GBCHF Range trade

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GBCHF Range trade

By Pro Act Traders — Author

Bearish: We are currently @ 1.2148 in a range after putting in a double top at the range top. IF we can break this support, we are looking for a move down to the ATR Target @ 1.2059 area. We should get a reaction there. A continuation would target the 0.382 Fibo @ 1.2019. Watch the USDX for any change in direction. The ATR for the pair currently is 86 pips per day.

Posted to Introduction to Forex Targe… on Jan 21, 2021 — 8:01 AM

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

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