The assortment of right shoulder formations is showing on the above chart.
The FED move should take market higher in Leg-A to 0.90/0.9060 in a Leg/A.
Note the flag formation (marked wedge) in the current market eruption.
Buy <MRK>, stops 0.8550 (to avoid volatility) on FOMC day, and take targets 0.90/0.9030 -Wednesday Night (Powel conference).
Profitable Trading
Summerset
The FED move should take market higher in Leg-A to 0.90/0.9060 in a Leg/A.
Note the flag formation (marked wedge) in the current market eruption.
Buy <MRK>, stops 0.8550 (to avoid volatility) on FOMC day, and take targets 0.90/0.9030 -Wednesday Night (Powel conference).
Profitable Trading
Summerset