It is absolutely possible for a currency pair to congest/consolidate over an extended period of time before making a move up or down. Traders can handle these situations through lot sizing.
For instance, I can take a stance of looking to enter up to 5 positions. So, for each of the first 5 crosses of the 8 period EMA, I continue to add to my lot.
For instance, I can take a stance of looking to enter up to 5 positions. So, for each of the first 5 crosses of the 8 period EMA, I continue to add to my lot.
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