meszaros

EURUSD long TP: 1,12251..

Long
FOREXCOM:EURUSD   Euro / U.S. Dollar
In the previous long-term analysis I have already explained why I consider the rising wave sequence as the main trend. As a trend trader I enter the mainstream. I am currently entering in H4 timeframe. I use the rule set that ITR is tested symmetrically to the closing values (yellow rectangle). I set the STOP distance to the current ATR, which is calculated in the usual way. I subtract the difference between the two moving averages from the closing value of the current ATR.

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