Pre-FOMC game plan:
Bias: Bearish / Sideways
Key Levels: $4,800 - $4,850 Resistance
Target: Wave (E) towards the $4,400 - $4,500 zone
Outlook: Expecting sideways price action in the red box before a potential breakdown post-FOMC.
Watch the volatility! ⚡️
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.