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We trading this strategy when on the second or third low in price vinary bullishbearish candlestick has occurred, ideally if there is bullishbearish engulfing pattern, but white hammer after series of red candles, or red shooting star after series of white candles are good too, so basically we enter trade after reversal candlestick in colour opposite to current trend, and place our stop belowabove lowhigh of this reversal candlestick, i found that you can calculate the target by taking the distance similar to the space between low's or highs in the price chart.

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