GBP/JPY – 5th wave underway

Forex Strategies Bullish: We are currently @ 197.10 after a 4th wave bounce. We are looking for a continuation to the ATR target @ 198.44-50 and then further movement to the 1.000 Fibo @ 199.59. Convergence is in play. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 180 pips and it’s 90 day average is 231 pips.

Posted to Introduction to Forex Targe… on Nov 04, 2024 — 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 →