GBPNZD-small bounce then Continue

Pro Act

GBPNZD-small bounce then Continue

By Pro Act Traders — Author

Bearish: We are currently @ 1.9447 in a channel. We are looking for a small bounce here and then a continuation of the channel to the ATR Target @ 1.9308 with a further target the 2.618 Fibo @ 1.9255. We have convergence on the hourly. Target up is 1.9639 if it reverses. Watch the USDX for any change in direction. The ATR for the pair currently is 254 pips per day and its 180 day average is 222 pips per day. USDX is currently up.

Posted to Introduction to Forex Targe… on Nov 03, 2022 — 8:11 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