GBPNZD: Triangle break?

Bullish: Currently we are at 2.0077 in a Symmetrical triangle.IF we can break out we are looking for the continuation UP to the ATR target @ 2.0181 and then the range top this week @ 2.0330. Watch for the reversal there. The average daily true range (ATR) for the pair currently is 161 pips and its weekly ATR is 400 pips. WATCH THE USDX for more clues.

Posted to Introduction to Forex Targe… on Dec 09, 2019 — 8:12 AM
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]} — Marketfy Staff — Maven — Member
Want to add a comment? Take me to the new comment box!

Reviews Average Rating          

         
         
Great weekly analysis, very useful and educational.
See All Reviews →