Last bounce before dark
We obviously have a price action which broke the trend line. Over this trend line, a lot of stop loses waiting. Our goal is to reach again the 0,82 price and maybe we ll see a weak over this price .
i choose 0,82
I choose 0,82 because it’s in the range .we may have a little stop at 0,75 which is the middle of the range
Invalidation :
We have invalidation of this idea with a close candle under 0,6740 . There is a BOS and we have to respect it.
Careful of FOMC :
Today is the day .. CPI ANNOUNCEMENT.. careful of big ups and downs .
We obviously have a price action which broke the trend line. Over this trend line, a lot of stop loses waiting. Our goal is to reach again the 0,82 price and maybe we ll see a weak over this price .
i choose 0,82
I choose 0,82 because it’s in the range .we may have a little stop at 0,75 which is the middle of the range
Invalidation :
We have invalidation of this idea with a close candle under 0,6740 . There is a BOS and we have to respect it.
Careful of FOMC :
Today is the day .. CPI ANNOUNCEMENT.. careful of big ups and downs .
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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.