XAUUSD update. The figure shows the symmetrical backward correction of the daily D1ATR and the ATR closing values. I expect the exchange rate to rise to 1711usd. Then I wait for a correction. But the magnitude of the adjustment cannot be higher (according to current data than the D1ATRTOP level.) Late futures can take long positions at these levels. And long-term trades like me should sit in the long position.
Thanks for the explanation this chart. Good analysis sir i agree 😊
CoinCaller
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Have you already added a further position as hit the average ATR?
pakamisamgcini
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When is the perfect time to enter a buy???
meszaros
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@pakamisamgcini, It depends. If you are a long term investor you can at any time. If you are a short term trader then you need to wait for a correction.