Instead of waiting for the full retracement to the green line, I believe now that we will chop until the red and yellow moving averages converge (aligning our trade idea with the time til FOMC decision). I recommend not entering any trades until this convergence.
Trade chiuso manualmente
⋅
Looks like our short case failed.
Trade attivo
⋅
I may have jumped the gun with that last update... The candle breakout was false and our short play is still in tact.
Commento
⋅
Price is bouncing downwards... very possible we can revisit February lows.
Commento
⋅
Expect to chop until tmrw before further drop. Protect your profits with stops.