Last week closed bearish under a strong zone. Current week testing the highs of previous but has not broken above 188.000. Trend is still bearish. Double bottom liquidity at 183.500. Anticipating price to respect the high at 188.000 and move bearish to potentially wick fill on the weekly tf down into 181.000. Current 4hr candle flipped bearish and entry taken. Fomc statement later today will likely be the catalyst for the move.
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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.