OpeyemiJonah

Bearish Setup FOMC Wednesday 08/18/2021

Short
CME_MINI:ES1!   S&P 500 E-mini Futures
Supporting my idea of Bearish trend on US Equities during FOMC new release. As shown, on the H4 there is a Bearish shift and I look for Bearish OTE setup on lower timeframe to trade my idea/bias. Although I missed my optimum entry due to outside activities I still found an opportunity to trade my idea with a larger risk than I wanted but remaining within 2% of my capital. Time and time have I seen this formation setup and I am beginning to gain confidence each day I experience the markets.