GBPAUD bear flag trade

Bearish: We are currently @ 1.7931 in a channel and a bear flag. IF we can break the flag, we are looking for an immediate move to the ATR target @ 1.7771. Watch the USDX for any change in direction. The ATR for the pair currently is 127 pips per day.

Posted to Introduction to Forex Targe… on May 03, 2021 — 8:05 AM
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