GBP/AUD – channel continuation

Pro Act

GBP/AUD – channel continuation

By Pro Act Traders — Author

Bearish: We are currently @ 1.9341 in a channel in a range. We are looking for a continuation to the ATR target @ 1.9280 with the further target the 0.786 Fibo @ 1.9242 area. 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 131 pips per day. USDX is up. Open House is also this week.

Posted to Introduction to Forex Targe… on Feb 12, 2024 — 8:02 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

EUR/JPY – Bearish signals emerge — 12/03/24
EUR/NZD – hard bounce — 12/02/24
GBP/USD – Targets the range top — 11/21/24
NZD/JPY – Showing bearish signs — 11/20/24
GBP/USD – Falling Wedge Breakout — 11/19/24

You can also use Ctrl+Enter to post

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

{[comment.date_posted|date_format]} ● {[comment.date_posted|date_ago]} ● Edited ● Edit Comment ● Delete Comment

Want to add a comment? Take me to the new comment box!

By jennifer santiago — 3 years ago

I feel I picked the right trading company.

By rakeshnarwal — 3 years ago

See All Reviews →

Pro Act