Conditions: Candles with at least 12 pips from previous candle end TOWARDS critical lines (previous highs/lows, round numbers, pivots etc), M5 chart, candle at least 5 pips, candle & wicks more than 10 pips, wick in same direction less than 8 pips, 55EMA same direction as candle
Entry: After retrace, less than 5 same candles (note multiples)
Stop loss: top of candle
Profit target: Price momentum X-over or 10 pips towards critical lines (8 pips for candle opposing direction of overall trend)
wick in same direction less than a certain number of pips indicate reversal?
Candles with at least 1 pips TOWARDS critical lines to exclude wicks?
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