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Emene, from you charts, I see we are of like minds in the use of ATR for projections. Plotting a band between the minimum and maximum ATRs for ATR(2) through ATR(14) usually determines where a reversal will occur - if you can wait that long to pull the trigger.
Last week, Cable penetrated the weekly ATR zone only to reverse.
Emene, from you charts, I see we are of like minds in the use of ATR for projections. Plotting a band between the minimum and maximum ATRs for ATR(2) through ATR(14) usually determines where a reversal will occur - if you can wait that long to pull the trigger.
Last week, Cable penetrated the weekly ATR zone only to reverse.