Swing trade during the FOMC meeting
Updated
The swing in 4H time frame is still in the impulse wave of the daily swing.
The impulse of the 4H time frame swing has started(DB neckline breakout level 83.2500)
Caution :: FOMC meeting on 20 Sep'23 11:30PM IST and the current market price is at the weekly resistance of the ascending triangle pattern.
The impulse of the 4H time frame swing has started(DB neckline breakout level 83.2500)
Caution :: FOMC meeting on 20 Sep'23 11:30PM IST and the current market price is at the weekly resistance of the ascending triangle pattern.
Trade active
Trade closed: stop reached
:-(Note
if daily candle closes below 82.8200, then the market can swing down till the dashed red line(the support of ascending trend line of weekly time frame)good opportunity to buy at dips.
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