Potential BIG trade

This analysis fails if the price break above the red line.

PS: Click the link in the Yellow circle to see the previous analysis

Catalyst:
- Daily time-frame price action

Note

Fed Chair Powell:
-Consumer prices remain particularly soft in hard-hit sectors
-Pandemic has left a significant imprint on inflation
-Increase in B/S has materially eased financial conditions and is providing substantial support to the economy
-Essential to preserve the flow of credit

Note

US Unemployment Claims
885K

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Let's see if that was a real rejection or not

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This analysis is valid once the price closed below the SELL ZONE.

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The analysis valid if it can break below the channel

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If the price able to breaks 1850, it could be a potential HUGE head and shoulders.

If that's a real HS, this trade could be the greatest trade of next year.

1850s zone is very crucial. Keep your guard up.

Note

twitter.com/realDonaldTrump/status/1343336121040777217

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Breaking News:

PALM BEACH, Fla. (Reuters) - U.S. President Donald Trump on Sunday signed into law a $2.3 trillion pandemic aid and spending package, restoring unemployment benefits to millions of Americans and averting a partial federal government shutdown, a source familiar with the matter said.

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I sent this chart to my clients, it has reached the target 1 so far

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BREAKING: Treasury Secretary Mnuchin says stimulus payments to Americans "may begin to arrive in some accounts by direct deposit as early as tonight and will continue into next week"

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