TradingView
TheForexSamurai
Dec 10, 2018 9:16 PM

H4 - Bracketing with 8 trade opportunities to Long and Short 

U.S. Dollar/Canadian DollarFXCM

Description

I got an opportunity to long and short with the markets ifs upon future market/price action...

Short on a potential trade setup with the following (if/with bearish bias):
1. Aggressive on the D. Top with (a must) bearish divergence
2. Candle LLLC on the DT NL (neckline) if we got a valid D. Top
3. On a potential Bearish AB=CD completion with (a confluence) bearish divergence
4. CRT on the diagonal support (trendline)
5. 2618 short setup if we got a valid D. Top plus a break and a close of the DT NL

Long on a potential trade setup with the following (if/with bullish bias):
1. Bull Bat Pattern completion
2. Not added in the chart which is the possible DB which is near to the DT NL if we got a valid D.
3. A long on its neckline just at the Bull Bat POR.

Personally, i am bearish bias on this market for the long term. Trade with care and good luck!
More