On days like today, you either don't make trades and wait for things to clear up or you look for quick trades with a small stop.
The reason, of course, is the Fed. The direction seems quite clear at the moment, but be careful - there is always a way to surprise us.
Since we do not want to be in long-term trades at the moment, this is one of the fastest opportunities we are considering today.
The trend is very well expressed and continues to be valid. There is break at the bottom and a test as well.
This allows for a minimum stop and continuation towards support levels:
104.84
104.61
103.95
What trades do you make more often? Within a day or long term?
The reason, of course, is the Fed. The direction seems quite clear at the moment, but be careful - there is always a way to surprise us.
Since we do not want to be in long-term trades at the moment, this is one of the fastest opportunities we are considering today.
The trend is very well expressed and continues to be valid. There is break at the bottom and a test as well.
This allows for a minimum stop and continuation towards support levels:
104.84
104.61
103.95
What trades do you make more often? Within a day or long term?
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💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade