GBPJPY: Triangle Breakout | Marketfy

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GBPJPY: Triangle Breakout

By Pro Act Traders — Author

Bearish: Currently we are at 140.00 and looking to breakout of the symmetrical triangle. We are looking to continue to the ATR target @ 138.51 and then the 0.382 Fibo @137.28 which may complete an abc corrective pattern for a 5^th wave up. WATCH THE USDX for more clues.The ATR is 149 Pips per day.

Posted to Introduction to Forex Targe… on Nov 04, 2019 — 8:11 AM

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

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