Price has missed my buy setup and gone up after the Fed interest rate announcement.
With that, I will be adopting a trend following approach to my trade next week.
The yellow zone represents my potential buying zone for next week.
The MA on my chart that I use to plot trend is 34 high and 34 low.
Anytime the price retest this band, at a prior zone, it signals a buy after a completes on the pricebar.
Stops has to go below previous low.
34 high and low is my personal favorite MA settings which is based on Fibonacci.
Let's ride this trend until we are proven wrong or when a completes potentially above 106.