USDCAD Setup SELL with R:R 1:1.61
Mark body base engulfing in TF h4
Wait for the price to return to the base h4 area
After the price returns to the h4 base area then we move to the h1 TF
Wait for a breakout to form with the CB1 Pattern or Dominant Break
Entry when the h1 close candle occurs Breakout
Use Fibonacci level 0 for SL
and Level 2.61 for TP
NB : Move SL to the Fibonacci 0.5 level if the price has touched the 1.61 level to minimize risk
Wait for the price to return to the base h4 area
After the price returns to the h4 base area then we move to the h1 TF
Wait for a breakout to form with the CB1 Pattern or Dominant Break
Entry when the h1 close candle occurs Breakout
Use Fibonacci level 0 for SL
and Level 2.61 for TP
NB : Move SL to the Fibonacci 0.5 level if the price has touched the 1.61 level to minimize risk