GBPUSD Wedge Opportunity

Waiting w/Bearish bias: We are currently @ 1.3686 in a range and a symmetrical wedge. IF we can break this wedge support, we are looking for a move down to the ATR Target @ 1.3577 area. A continuation would target the S4/.786 Fibo @ 1.3515. If it breaks north target the Day top @ 1.3756. Watch the USDX for any change in direction. The ATR for the pair currently is 103 pips per day.


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GBCHF Range trade

Bearish: We are currently @ 1.2148 in a range after putting in a double top at the range top. IF we can break this support, we are looking for a move down to the ATR Target @ 1.2059 area. We ...

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GBPAUD channel trade

Bearish: We are currently @ 0.8915 in a range. We are looking for a move down to the ATR Target @ 1.7600 area. We should get a reaction there. A continuation would target the 0.786 Fibo @ 1.7496. Watch the ...

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EURGBP channel trade

Bullish to Bearish: We are currently @ 0.8915 in a channel. We are looking for a move to the ATR Target @ 0.8954 area. We should get a reaction there. A break out or a channel continuation. Watch the USDX ...

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This is what I see in the Forex the week of January 18th , 2021: USDX, EU,UJ,GU,AU

This is what I see in the Forex the week of January 18th , 2021: USDX, EU,UJ,GU,AU http://proacttraders.com/blog - see website for more images #forex #$ #Proacttraders #FX


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AUDUSD Range trade

Bearish: We are currently @ 0.7755 in a range. We are looking for a move to the ATR Target @ 0.7642-55 area. Watch the USDX for any change in direction. The ATR for the pair currently is 85 pips per ...

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GBPCHF Topping out

Bullish to Bearish: We are currently @ 1.2152 in a range. We are looking for a move to the ATR Target @ 1.2225 area. The shorter Target are the Tops @ 1.2201 area. Watch for the reversal at one of ...

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GBPAUD Channel Trade

Bullish: We are currently @ 1.7612 in a well-built channel. IF we can break this resistance we are looking for a move to the ATR Target @ 1.7700 area. The Further Target is the R5 @ 1.7800 area. Watch the ...

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GBPJPY Range Trade

Bearish: We are currently @ 140.38 after a rising wedge breakout. IF we can break this support we are looking for a move to the ATR Target @ 139.70 area. The Further Target is the 0.214 Fibo @ 137.90 area. ...

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This is what I see in the Forex the week of January 10th , 2021: USDX, EU,UJ,GU,AU

This is what I see in the Forex the week of January 10th , 2021: USDX, EU,UJ,GU,AU http://proacttraders.com/blog - see website for more images #forex #$ #Proacttraders #FX


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EURAUD Channel

Bearish: We are currently @ 1.5829 in a channel. IF we can turn back down after this pullback, we are looking for a move to the ATR Target @ 1.5720 area. Watch the USDX for any change in direction. The ...

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GBPJPY Channel

Bearish: We are currently @ 139.59 in a channel. IF we can break the support here, we are looking for a move to the ATR Target @ 138.68 area. The further target is the bottom @ 138.00. Watch the USDX ...

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