Sat. Aug 17th, 2019

Forex Solution

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Magic Strategy!

1 min read

This is price action based stratgy.you dont need anything without a clean chart.
Look at the picture:

Buy Entry: After closing a bearish candle without a little shadow on candle at closing price.if next candle become a bullish candle without shadow at opening price.and candle engulf previous bearish candle 2/3.then place a buy order.just look at the picture.you will understand. 

Stop loss wll be 2-3 pips below of bearish candle.TP will be 2x or 3x.or you can set tp on previous high.

Sell Entry:After closing a bullish candle without a little shadow on candle at closing price.if next candle become a bearish candle without shadow at opening price.and candle engulf previous bullish candle 2/3.then place a sell order. 

Stop loss wll be 2-3 pips above of bullish candle.TP will be 2x or 3x.or you can set tp on previous low.
You can use this strategy on any major pairs and timeframes.

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