GBPJPY 5th wave

Bullish: We are currently @ 138.26 in a 5th wave. Two scenarios: Bullish: a move to the ATR Target @ 139.44 and a continuation later to the % 6 @ 140.52. 2: Bearish: A break down here would tell us this is a bear flag to start a C wave to the Trend wall and then get bullish there. Watch the USDX for direction. The ATR for the pair currently is 138 pips per day.


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This is what I see in the Forex the week of November 14th , 2020: USDX, EU,UJ,GU,AU

This is what I see in the Forex the week of November 14th , 2020: USDX, EU,UJ,GU,AU http://proacttraders.com/blog - see website for more images #forex #$ #Proacttraders #FX


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EURAUD Falling wedge trade

Bullish: We are currently @ 1.6260 after a breakout of the falling wedge and the end of the 5th wave. We are looking for a continuation to the ATR target @ 1.6325 area. Watch the USDX for direction. The ATR ...

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AUDUSD Range Trade

Bearish: We are currently @ 0.7274 in a range. IF we can break this 0.214 Fibo support, we are looking for a continuation to the ATR target @ 0.7200 area. Watch the USDX for direction. The ATR for the pair ...

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GBPUSD Last Push

Bullish to Bearish: We are currently @ 1.3237 in a channel in the range. WE are looking to bounce after this pullback and then a continuation to the ATR target @ 1.3312 area. Expect a reversal there due to divergence ...

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EURGBP continuation

Bearish: We are currently @ 0.9014 in a channel in the range. IF we can break the wedge support here, we are looking for a continuation to the ATR target @ 0.8960 area. Watch the USDX for direction. The ATR ...

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This is what I see in the Forex the week of November 7th , 2020: USDX, EU,UJ,GU,AU

This is what I see in the Forex the week of November 7th , 2020: USDX, EU,UJ,GU,AU http://proacttraders.com/blog - see website for more images #forex #$ #Proacttraders #FX


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EURJPY bounce

Bullish: We are currently @ 122.83 back in the range. IF we can bounce here, we are looking for a continuation to the ATR target @ 123.42-50 area. Watch the USDX for direction. The ATR for the pair currently is ...

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EURAUD channel

Bearish: We are currently @ 1.6346 in a channel. IF we can break support here, we are looking for a continuation to the ATR target @ 1.6221 area. Watch the USDX for direction. The ATR for the pair currently is ...

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EURGBP Pennant breakout

Bearish: We are currently @ 0.9003 in a pennant in a channel. IF we can break support here, we are looking for a continuation to the S3 @ 0.8964 and then the ATR target @ 0.8949 area. Watch the USDX ...

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EURUSD channel breakout

Bullish: We are currently @ 1.1644 in a range. IF we can break resistance here, we are looking for a continuation to the ATR target @ 1.1714 area. Watch the USDX for direction. The ATR for the pair currently is ...

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This is what I see in the Forex the week of November 1st , 2020: USDX, EU,UJ,GU,AU

This is what I see in the Forex the week of November 1st , 2020: USDX, EU,UJ,GU,AU http://proacttraders.com/blog - see website for more images #forex #$ #Proacttraders #FX


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