Sourluca

does consolidation lead to continuation?

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
GBP/USD long the signals point to strength and i see consolidation forming, you can often find the phrase consolidation leads to continuation but will it hold true, this trade will be entered when the range is broken upwards, stop loss placed quite tightly possibly even closer to the buy price.
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