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ComteSt.Germain
Oct 16, 2018 5:55 PM

USDCAD. More downside, then Up.  Long

USD/CADOANDA

Description

Trading Criteria:
Regardless which way you want to trade, look for minimum five 4hr. candles in consolidation zones (yellow boxes). If you're a pattern trader or pinbar trader, this might be useful here.
Wait for the breakout of 4hr. consolidation to take the trade. I usually aim for 80% of the weekly ATR taking profit but not always at the next yellow box. I place my stop loss above/below consolidation.

*These zones, with the inclusion of price action described above, have remarkable accuracy
Comments
DennisPTran07
I agree!
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