GBPNZD: Triangle break?

Pro Act

GBPNZD: Triangle break?

By Pro Act Traders — Author

Bullish: Currently we are at 2.0077 in a Symmetrical triangle.IF we can break out we are looking for the continuation UP to the ATR target @ 2.0181 and then the range top this week @ 2.0330. Watch for the reversal there. The average daily true range (ATR) for the pair currently is 161 pips and its weekly ATR is 400 pips. WATCH THE USDX for more clues.

Posted to Introduction to Forex Targe… on Dec 09, 2019 — 8:12 AM

Check out what my VIP members get

Recent free content from Pro Act Traders

GBP/USD – Targets the range top — 11/21/24
NZD/JPY – Showing bearish signs — 11/20/24
GBP/USD – Falling Wedge Breakout — 11/19/24
GBP/USD – Rectangle Breakout https://www.proacttraders.com/blog/ — 11/18/24
GBP/CHF – In A Breakout — 11/13/24

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