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Forex · indicator signal

ATR expansion down on EUR/GBP

On EUR/GBP the atr expansion down showed up 41 times. The target came first 34% of the time, the stop 66%, and 0% went nowhere within 12 candles.

Counted on EUR/GBP: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily50%100%0%
Hourly3639%61%0%

EUR/GBP against the rest

ChartsFoundTarget firstStop firstWent nowhere
EUR/GBP4134%66%0%
All Forex charts45838%61%1%
Every market8,28342%55%2%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the atr expansion down is

After a very calm stretch, one big candle broke below the recent range. Calm often comes before a storm.

Think of a still, quiet sky that suddenly fills with a crack of thunder. After a very calm stretch, when ATR is low, an ATR expansion down is one big red candle that drops below the recent range. The calm has broken, and sellers are in front.

The full atr expansion down lesson, video and quiz ›

Other patterns on EUR/GBP

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bullish cross · MACD bearish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · RSI overbought drop · all of them

The atr expansion down elsewhere

GBP/USD · EUR/JPY · EUR/USD · USD/CHF · GBP/JPY · USD/JPY · NZD/USD · AUD/USD · USD/CAD · GBP/INR · Dow Jones · Sony · Ethereum · Bitcoin

Questions

How often does the atr expansion down work on EUR/GBP?

In 41 cases on EUR/GBP, the target (1.5 × ATR) came before the stop (1 × ATR) 34% of the time and the stop came first 66%; 0% went nowhere within 12 candles.

What is the atr expansion down?

After a very calm stretch, one big candle broke below the recent range. Calm often comes before a storm.