EURJPY falling wedge reversal?

Bullish:Currently we are @ 121.59 just breaking out of a falling wedge in the range. IF we can break here, we are looking for a continuation initially to the ATR target @ 122.22 and then to the 0.618 Fibo @ 123.09. Look for a pullback there. The average daily true range (ATR) for the pair currently is 70 pips but its 180-day ATR is 86 pips a day.


Posted to Introduction to Forex Tar... on Jun 04, 2019 — 8:06 AM

Recent free content from Pro Act Traders

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]} — Marketfy Staff — Maven — Member
Want to add a comment? Take me to the new comment box!

Reviews Average Rating          

         
         
Great weekly analysis, very useful and educational.
See All Reviews →