PRE-FOMC SETUP... USD did weak ALOT did morning. A sign of huge extention to SL hunt before a HUGE REVERSAL. BOLLINGER BANDS is OVERBOUGHT on MULTIPLE TIMEFRAME, plus we did hit a STRONG SUPPLY&DEMAND AREA. I'm expecting a huge reversal from this level. Extention on wave 3 and 5 means alot.
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Entry king! Lets enjoy the ride!
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Harmonic lover, As you can see, I trade alot of different method to add more confirmation to my analysis... i read everything that there is to know about Harmonic Patterns and if you look at this update... Normally an Extreme Bearrish Harmonic Impulse complete at 161.8% of BC projection and normally also test 88.6% of XA leg. I wasnt sure how the market was going to react due to the fact that there was a good range between both point. Look how amazing it is... the market did an HUGE extention to go test both price level and then RUSHED back in .... The market is just amazing...