CHF/JPY – Poised for the fall

Pro Act

CHF/JPY – Poised for the fall

By Pro Act Traders — Author

Forex Strategy is Bearish: We are currently @ 171.58 in the top of a channel. If we can get a short bounce here, we are looking for a continuation to the ATR target @ 170.84 area, with a

big area below to the 0.214 Fibo @ 169.70. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 129 pips per day and it’s 90-day average is 143 pips per day.

Posted to Introduction to Forex Targe… on Jan 28, 2025 — 8:01 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

GBP/JPY – Breaks support — 1/29/25
GBP/USD – Set to break above — 1/27/25
USD/JPY – Bearish Breakout — 1/23/25
GBP/AUD – Bearish Breakout — 1/22/25
EUR/JPY – 5th wave completion on deck — 1/16/25

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