GBPJPY rising wedge

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GBPJPY rising wedge

By Pro Act Traders — Author

Bullish to bearish: We are currently @ 139.87 in a rising wedge (bearish) and are looking to finish the wedge at the day chart top @ 140.36 and then move to the ATR Target @ 138.15 area. The further target is to fill the gap @ 137.43. Watch the USDX for any change in direction. The ATR for the pair currently is 132 pips per day.

Posted to Introduction to Forex Targe… on Dec 16, 2020 — 8:12 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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