GBP/AUD-Sweet opportunity down

Pro Act

GBP/AUD-Sweet opportunity down

By Pro Act Traders — Author

Bearish: Currently we are at 1.9345 in a well built channel. IF we can break support here, we are looking to continue to the ATR target @ 1.9262 with a further target the 1.270 Fibo @ 1.9255. Watch the USDX for direction. The average daily true range (ATR) for the pair is 105 pips per day and it’s 90 day average is 118 pips per day. USDX is most likely in a B wave up.

Posted to Introduction to Forex Targe… on Apr 18, 2024 — 8:04 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

GBP/AUD-Starts a 3rd wave — 5/01/24
GBP/USD-Continues its climb — 4/29/24
EUR/AUD-Breakout in the range — 4/25/24
GBP/USD-continuing the channel — 4/24/24
CHF/JPY-continuing a 3rd wave — 4/23/24

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 — 2 years ago

I feel I picked the right trading company.

By rakeshnarwal — 3 years ago

See All Reviews →

Pro Act