const

EURUSD Long Breakout

Long
const Updated   
FX:EURUSD   Euro / U.S. Dollar
Trade the breakout (long) of the range

-Candle (4h) must close above ma20
-Only trade if breakout above the range is confirmed

The EUR/USD crossrate has a remarkable seasonal tendency to establish an annual low or high in the month of January (76%; 1971-2016).

Avrg, gain in the up years fromJanuary lows 20.5%
Avrg. decline in the down years from the January highs was 15.6%

Comment:
Opened 1,04929
Comment:
Comment:
Below you will find the Daily ATR in %

DAILY SL avrg.
ATR 5 Days 20 DAYS 60 DAYS 250 DAYS 3 YEARS 5 YEARS
1,1846% 1,0222% 0,9578% 0,8648% 0,8826% 0,8307%
Comment:
1st Target reached. Booked some profits. For the rest SL is set to break even
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