ATR indicator strategy The Average True Range (ATR) is one of my go-to technical indicators when trading forex, mainly because it helps me gauge market volatility. It calculates the average range of price movements over a set period, giving me...
TRADING CHART ON EUR/GBP H4. The EUR GBP price increased last week but could not maintain the momentum this week. It reached the resistance level of 0.8426 and touched a high of 0.8433. However, when the price corrected downwards towards the 50-day...
The Average True Range (ATR) indicator is a measure of volatility used in forex trading to measure how much the market moves. It does not indicate the direction of the price, but shows the range of price movement over a certain period. Traders use...
The USD/CHF currency pair is currently trading around 0.85460, and the market is exhibiting a bearish trend. This decline reflects a weakening of the US Dollar against the Swiss Franc, indicating that the market sentiment is leaning towards a...
If the opposite happens, there is a chance for a higher high to form if the price successfully breaks through the 1.3753 high. From the perspective of the MACD indicator, a bullish divergence signal could occur when the histogram volume doesn't...
