GBP/AUD – 5th wave in progress

Pro Act

GBP/AUD – 5th wave in progress

By Pro Act Traders — Author

Bearish: Forex Strategies: Currently we are at 1.9528 in a channel and just starting a fractal 5th wave. We are looking for a continuation to the ATR target @ 1.9428 area with a further target the S5 @ 1.9327. Watch the USDX for direction, as it could negate all of this. The average daily true range (ATR) for the pair is 111 pips per day and it’s 90 day average is 112 pips per day. My Forex Analysis says USDX is currently down.

Posted to Introduction to Forex Targe… on Sep 12, 2024 — 8:09 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

AUD/JPY – Wedge breakout points to a double Bottom — 12/18/24
USD/JPY – One more push up — 12/16/24
EUR/JPY – Bears taking over — 12/12/24
EUR/AUD – Rising wedge at the Top — 12/11/24
USD/JPY – On the Move — 12/10/24

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 — 4 years ago

See All Reviews →

Pro Act