TA: Many confluences for a bearish bias. Only confirmation needed for high probability price action is running (closing below 4H SL) on 1H. We have to exercise some caution, because price is still in the area of the monthly sweep. For a trade PA has to give us optimal behaviour.
News: Powell testifies at 10:00am. This could lead to a very quick move below the swept monthly low.
News: Powell testifies at 10:00am. This could lead to a very quick move below the swept monthly low.
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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.