Range day until fed meeting on US30

Expecting a range day until fed meeting.

If the current green box hold, then we can go long in morning with possible target as 35500

If we break the current green box then we are looking for a downward move to 35250.

Would be great to take a look at overnight price action


If long:

Entry - 35400
Stop - 35350
Target - 35500

If short:

Entry - 35350
Stop - 35400
Target - 35250

Trade active:

We broke the green box overnight. We will go short here.

refer to this new chart :

I am expecting price to touch the green box with close above red box as the stop loss

Entry - 35380
Stop - 35430 (I would like to see a 15 min close above this level)
Target - 35280

Trade closed: stop reached:

We got a good initial downward move but market pumped up at the open.

We got a 15 min close above 35430 so we closed the trade for a loss.

This was an unsuccessful trade