Right here is one other assessment of buying and selling utilizing the ATR Zone indicator through the week from December 2 to six, 2024.

Throughout the buying and selling on this foreign money pair, the bounce from the primary stage was not developed, and the commerce was closed on the StopLoss. There was a second try and open a commerce on the value return to the boundaries of the common every day transfer, which finally introduced revenue.

On this foreign money pair we will see virtually the identical scenario that was on the primary pair. The primary time the bounce didn’t get its improvement, however in consequence it closed with a small plus on the return motion to the entry level. The second commerce, opened on the value return to the boundaries of the common every day transfer, introduced revenue.

The commerce on EURGBP was opened on the value exit from the zone delineated by one stage of the indicator. TakeProfit was set on the common stage of the every day transfer and the commerce closed with a revenue.

The scenario on EURCHF repeats the earlier pair. The commerce was opened on the exit from the zone outlined by the indicator stage.

Buying and selling on Etheteum was accompanied by a bounce from the extent. The commerce was closed with a revenue.

Throughout the buying and selling on this foreign money pair the value precisely bounced from the decrease stage and was closed at TakeProfit, which was set on the subsequent stage of the indicator. The following bounce was already from the higher stage, however the commerce was rapidly closed with a small plus.

The commerce on EURUSD had a major potential, but it surely was closed with a smaller revenue.

Right here we will see a bounce from the indicator stage, and once more the commerce closed with a revenue.

Conclusion:

The buying and selling that was carried out through the week with the assistance of ATR Zone indicator was efficient and worthwhile. The indicator was used to find out entry factors based mostly on the bounce from the degrees, or trades had been opened on the exit factors from the zones delineated by the degrees. The indicator was additionally used to find out the degrees of revenue fixing.

I am Sergei Ermolov, comply with me and do not miss extra helpful instruments for worthwhile buying and selling on Forex.