Good morning everyone with a great setup from $ARB 🎉🎉

I leave the investment strategy part of the analysis neutral because we share both short and long setups in a single analysis. For your information.

It was Break Out, in the Break Retest region

If Bullish Price Action occurs, first

Move#1can be traded long.

He performed Break Out with Bullish Engulfing on the hour and the closing came. At this point, retest can be followed on the 15 Minute chart. If the price comes fast, the hourly display may appear as a break check view, so you can follow it that way.

If Reteste executes move number 1 without giving him the opportunity to return, a long position cannot be taken because a suitable RR cannot be established. At that point, you can only follow bearish PA in the region required for the short setup.

Then for the short plan, which is our main Setup:

I explained the reasons there;

-Bearish Bat

-Bearish Butterfly

-ABCD Setup

-Bearish Libra

Range

-Liquidity

level

Bearish Price Action can be followed for short transactions between 1.2050 and 1.2190 with these factors.

To be frank, the actual setup is based on short. However, if you catch Bullish PA in the break retest zone to answer the question of whether the price can go there, movement number 1 can occur with the support of ABCD Setup.

I left 2 TP levels for the short setup in the chart, but if these 2 setups work as expected, it is up to you which level of TP you will get, I only determined the TP levels according to fib extension and harmonic setups, for your information :)

2 trading plans in one chart. The rest is now up to your trading ability and risk management :)

Good luck everyone ..

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