GBPJPY: Flag Breakout?

Bearish: Currently we are at 141.64 in a range and in a bullish flag pattern.We are looking for the breakout to the 1.270 Fibo @ 142.58. Watch for the continuation to the day chart top @ 143.79. The average daily true range (ATR) for the pair currently is 94 pips with a 180-day ATR of 114 Pips. WATCH THE USDX for more clues.


Posted to Introduction to Forex Tar... on Dec 02, 2019 — 8:12 AM

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