Scott Barkley
All posts from Scott Barkley
Scott Barkley in Proact Traders,

EURGBP- Triangle break

Currently we are @ 0.8939 in a triangle pattern.  If we break out we are looking for a move to the 0.500 Fibo @ 0.8870 and then continue to the square up @ 0.8800.  The average daily true range (ATR) for the pair currently is 74 pips.