Please watch the entire video for a full breakdown as to why price is behaving this way & where it will go next.
Price is looking to grab liquidity at 1469 which is exactly where the first bearish channel descends creating a heavy resistance level there. Once those orders have beengrabbed expect price to see a downwave at least into the 1440 Range. Upon mulitiple...
We are stuck ranging any break above yellow line is a buy. A break bellow the bottom yellow line is a sell. Follow this guide if you are looking to make profit during tomorrow's explosive trade day. A lot of accounts will be wiped while others will profit. Don't be a pig and get slaughtered
here is why last rate cut in sep did the same as may
we were rising price in a falling wedge, price did a fake breakout then double bottom before exploding back up
this is what will happen today
price will decline as we get the cut
then fulfill order below then shoot up to create new highs and new support
theres a lot of chatter of which way the trend will go for tomorrow fomc. in my opinion these pockets provide simple perfect trades for anyone looking to enter. The trend lines are shown in white. Price broke above resistance once but failed again multiple times leading me to believe it is headed towards a sell. However right now is london session and its too...