AUDCAD - 4H - Trendsetter
We currently have a doublestacked consolidation after a breakout from the daily trendline. this might give us a surpreme RRR if we decide trading the lowest degree consolidation with highest degree targets. i will talk about targets later since i didnt put too much thought into yet, but im running a 4-split position setup - just in case i need it.
you can ofc trade this conservativly and trade the breakout with stops below the blue consolidation rather than the orange, but thats up to you
you can ofc trade this conservativly and trade the breakout with stops below the blue consolidation rather than the orange, but thats up to you
Note
this is my rough target idea for the moment. i might adjust on the way. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.