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RaynLim
Jul 4, 2021 5:27 PM

GBPJPY - Sideway Consolidation 

British Pound/Japanese YenFXCM

Description

Sideway Consolidation is one of my favourite trading setups and it is easy to execute. You just need to wait for the candle break and close above or below the trendline and engage on the next candle. First Target would be the previous high or previous low from the starting point of the trendline.

I will use Target Extension to get my Target2 projection.
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