Patterns › ATR expansion down
Indicators
ATR expansion down
After a very calm stretch, one big candle broke below the recent range. Calm often comes before a storm.
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 92 | 38% | 61% | 1% |
| United States | 106 | 41% | 59% | 0% |
| Japan | 66 | 46% | 53% | 2% |
| Crypto | 1,535 | 42% | 55% | 2% |
| Forex | 156 | 44% | 56% | 1% |
| Commodities | 44 | 30% | 68% | 2% |
Counted on real past charts by the Trading Class research engine, 1,999 cases in all. Past odds, not a forecast.
How to practise it
Volatility was very low. Buy, sell, or wait? In the app, 36 real examples of the atr expansion down wait for you across 6 markets, and you say what happened next before the chart shows you.
Lesson: Symmetrical triangle.
Related
RSI oversold bounce · RSI overbought drop · Stochastic bullish cross · Stochastic bearish cross · Golden cross · Death cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross