Adding a EURUSD long position above 1,07794.

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.

Kommentera:

Still waiting, I haven't taken a position yet.