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Because the ATR measures volatility, it can be very useful in locating breakout moves as they begin, and it's quite easy to do so.

Start by looking for a weekly chart where the ATR and volatility are at multi-year lows.

Then identify the price range during that time, or the strongest support and resistance levels. Wait for the price to break out of the range or support/resistance level and pounce on the line trading.
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