Guys, as we can see on the graph, there is an ascending triangle
with divergences on CCI
. It has to close above the triangle to enter the position which also confirms that if it closes above triangle it will close above the fib 0.382 level that I have drawn.
I believe that there will be no interest rate hike before the election, therefore I guess the September meeting will be negative on rate hike decision.
TP 1: 1341
TP 2: Open