GBPAUD 5th wave
Bearish: USDX is bullish at the time of this post but near a top. We are currently @ 1.8478 in a 5th wave down. We are looking for an initial move to the ATR Target @ 1.8373 area. Be aware that with USDX up this could be a reversal point back to support @ 1.8588. Watch the USDX for any change in direction. The ATR for the pair currently is 112 pips per day and its 180 day average is 113 pips.
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
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
Want to add a comment? Take me to the new comment box!
- 1 Campus Martius, Suite #200Detroit, MI 48226
- +1 877 440 9464
