TheForexSamurai

H1 - 7 potential trade setups with the 'IFS" for long and short

TheForexSamurai Updated   
FX:EURUSD   Euro / U.S. Dollar
We got 7 potential trade setups hence 7 opportunities waiting to long and or short the market with the ongoing US congressional election (catalyst). We got a potential bearish butterfly in the future but market must not give us a relief on the bear butterfly POR price and price must need to retrace on the yellow zone, if not there could be a potential bullish bat pattern in future for an opportunity to long/buy the market. Watch out also for the bull bat POR as if this price will be taken and broken there could be bearish setup in future and could be an opportunity to short/sell the market. We will see and trade with care. CRT opportunities could be play here as well with initial and conservative TP and SL at least with a good 1:1 risk is to reward ratio.
Comment:
Bear Gartley H1/Bat H4 SL reached if taken the setup. We could also observe a bull 2618 by which is a winning setup if taken. Ill be looking to short this market anytime soon as it is near on my PRZ to short/sell.
Comment:
Invalid butterfly setup, hence with the bear AB=CD setup.

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.