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TheForexSamurai
Apr 5, 2019 9:35 AM

H1 - Bracketing the market with long and short. 

EUR/USDOANDA

Description

Two trade opportunities either long or short. Take account for each setups POR (point of ruin). Price Breaking Setup A POR will invalidate Setup A and the other way around for Setup B. Trade with care and good luck.

PS. Upcoming catalyst later affecting the USD. Expect a volume hence a movement.

Comment

On the previous event there was no much of an effect in the market as market just somehow move sideways right on the catalyst. But as of now, market is currently in our PRZ and market showing a sign of divergence. Could this be our confirmation to take a short/sell trade from here or wait for further confirmation (w4c).

Trade closed: target reached

TP 1 for the bear (sell) setup is taken!
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