meszaros

Adding a EURUSD long position above 1,07794.

Long
meszaros Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Adding a EURUSD long position above 1,07794. Waiting for Long entry position. My guess is that EURUS has reached the bottom of its fall, so I'm expecting a more sustained rise from this level (1,06975). Analysis is shown in H1ATR (white square). Many people ask what is H1ATR? H1ATR means that the instrument moves this distance within 1 hour. So if you can rise higher than that, you will test it back to that level. As in the current situation. Therefore, this is used as a long entry signal. In the event that it falls back in the H1ATR range, we wait.
Comment:
Still waiting, I haven't taken a position yet.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.