Yesterday was a roller coaster of a day, but ended profitably. Had three buys running even through FOMC. News events don't scare me anymore. Bought one right at the bottom of that shake out candle during the 2:00 hour. Cashed out everything late yesterday evening.
Now I see liquidity being engineered on both sides of the market on the 1H, and only the bottom side has been taken out, so there's still a bit of a reason to go up again. Also it needs to re-balance up at 0960 or so. My overall higher time frame bias is still bearish, so 1.0630 is the precise target for me. Just don't think it'll get there today or tomorrow. Hopefully next week.
Now I see liquidity being engineered on both sides of the market on the 1H, and only the bottom side has been taken out, so there's still a bit of a reason to go up again. Also it needs to re-balance up at 0960 or so. My overall higher time frame bias is still bearish, so 1.0630 is the precise target for me. Just don't think it'll get there today or tomorrow. Hopefully next week.
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