4H Level Should hold until FOMC, false move up take 4H buyside liquidity then sharply reverse to downside
Note
4 more hours till January Candle formed. It is prefer to see a small up close green candle in January so we can anticipate a long term reversal begins in February. Therefore I am convinced the 4H buyside Liquidity will be attacked using FOMC as catalyst.
Order cancelled
4H failed to swing higher however downtrend confirmed... Waiting for price to retrace into mitigation block to get short
Trade active
NFP Today. The buyside 44K will be attacked. Switching to a Lower time frame for reversal signal once it did.
Note
Liquidity Taken. It took longer to achieve the goal. Now focus on the reversal signal
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