Bull Trap!
Reasons:
TA Perspective:
- Strong Trendline Resistance @HTF.
- H4 Unmitigated Order block/Supply
- Respecting Fib level 0.618
- Showing Hidden Bearish Divergence
FA Perspective:
- FEDS ANNOUNCEMENT OF LATEST INTEREST RATE ON NOV. 3
Reasons:
TA Perspective:
- Strong Trendline Resistance @HTF.
- H4 Unmitigated Order block/Supply
- Respecting Fib level 0.618
- Showing Hidden Bearish Divergence
FA Perspective:
- FEDS ANNOUNCEMENT OF LATEST INTEREST RATE ON NOV. 3
Note
Once the trendline resistance reached, massive dump incoming.Trade active
Note: This was started 2 days ago, and I already put my short position. Nov. 2 is the official date of Feds interest rate announcement; Nov. 3 is within my time zone. CheersNote
So far so good ✅
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.
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.