Scott Barkley
0
All posts from Scott Barkley
Scott Barkley in Proact Traders,

$GBPCHF- Wedge Break?

Currently we are 1.2997 in a range.  We are looking for a break of the descending wedge and then a continuation to the 0.382 Fibo @ 1.2943 and a continuation to the 0.500 Fibo @ 1.2862.  The average daily true range (ATR) for the pair currently is only 199 pips

Image: