GBPJPY Bear Flag Breakout

Bearish: We are currently @ 154.69 in a range. We just broke the bear flag and we are looking for an initial move to the ATR Target @ 154.10 area. A further target is the S4 @ 153.74. Watch the USDX for any change in direction. The ATR for the pair currently is 84 pips per day.

Posted to Introduction to Forex Targe… on Jun 08, 2021 — 8:06 AM
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