I used the divergence indicator for this to confirm the reversal. I don't believe that the news will have an effect. The weekly time frame shows a bullish trend. But on 1H time frame, it is bearish, for now. I placed lower stop-loss just in case.
seems like ej is breaking the structure back down, if it will, we can expect more downside
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@transparent-fx, Well it is great that the first guy I followed here placed the first comment. Nice man. Thanks for the insight, I am following you on YT. Yes, you are right, that is why I always say to wait for strong bullish confirmation before taking the trade. I somehow forgot to write that in the post.