Greeting fellow interesting people,
As we have seen yesterday the rates were raised as was planned last month, and the next raise is coming in December. so for now we can expect the greenback to keep raising. There is a very big possibility for a breakout of the descending triangle. When we look at the chart we see a very strong sell pressure showing us that the bears are gaining momentum also looking at the ichimoku cloud we see that were still in a bearish mood.
PS: Also look out for fake news about possible pivot stay rational!!!
Let met hear what you think leave a comment and like.
As we have seen yesterday the rates were raised as was planned last month, and the next raise is coming in December. so for now we can expect the greenback to keep raising. There is a very big possibility for a breakout of the descending triangle. When we look at the chart we see a very strong sell pressure showing us that the bears are gaining momentum also looking at the ichimoku cloud we see that were still in a bearish mood.
PS: Also look out for fake news about possible pivot stay rational!!!
Let met hear what you think leave a comment and like.