GBP/USD –5th wave opp

Bearish: We are currently @ 1.2659 in a 5th wave in a channel. If we can push through support here we are looking for a continuation to the ATR target @ 1.2600 with the overall target today the S4 @ 1.2554. Watch the USDX for direction. The average daily true range (ATR) for the pair is 106 pips per day and it’s 90 day average is 96 pips per day. USDX is currently moving up.

Posted to Introduction to Forex Targe… on Aug 14, 2023 — 8:08 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 →