GBP/JPY- Topping out

Pro Act

GBP/JPY- Topping out

By Pro Act Traders — Author

Bearish: Forex Strategies: Currently we are at 201.97 in the top of a range. We are looking for this to be the top and if we continue through here we will target the ATR Target @ 200.84 There is a bottom slightly further 200.48 which is significant We should see a reaction there. Watch the USDX for direction. The average daily true range (ATR) for the pair is 146 pips per day and it’s 90 day average is 143 pips per day. Forex Analysis says USDX is currently down.

Posted to Introduction to Forex Targe… on Jun 24, 2024 — 7:06 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

GBP/NZD – Breaks the uptrend — 6/27/24
GBP/NZD – continues to move up — 6/26/24
USD/JPY- starting the move down — 6/25/24
GBP/JPY- Rising wedge or a channel — 6/20/24
USD/JPY- tri top and go — 6/19/24

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