Description in chart ...
Note
Related Idea ...Price action reading exercise
Note
Related Idea: Look the importance to scann for trades around the extreme of the consolidated trend lines. 
Note
CADJPY ... Example 
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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.