USDCHF continues the channel down

Pro Act

USDCHF continues the channel down

By Pro Act Traders — Author

Bearish: We are currently @ 0.9650 in a 5th fractal wave in a channel. We are looking for a continuation to the ATR target 0.9557 and then the S4 target @ 0.9527. Watch for a bounce there. Watch the USDX for any change in direction. The ATR for the pair currently is 106 pips per day and its 180 day average is 86 pips per day. USDX is currently trying to go down at the time of this post.

The 4 Things you must know in the Forex: http://proacttraders.com/ebook

Posted to Introduction to Forex Targe… on May 24, 2022 — 8:05 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