EURCHF Volatility Breakout Example
Example in this currency pair, the average daily range shrinks, followed by a period of strong movement in my observations. The previous downward movement seemed exhausted and turned into a horizontal consolidation. That's why I decide that the breakthrough will be on top. Unfortunately, I used very small stops, equal to 25% of ADR. Which often closed my positions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.