DislikedObserve what's happening on the daily timeframe and you notice that, the lows are very close to each other, today(FOMC) shouldn't be any different. I am still on the buy the dip basis and my view/bias was strengthen when we took out the highs of last week(bullish engulfing candle loading). Based on my experiences with FOMC, the price usually go for the extreme edges. In this case, the last hope for bulls based on my system is @ 1.17773. To cut long story short, I have a buy limit @ 1.17773 Sl 50 pips Tp @ 1.19191( a possibility but am skeptical....Ignored
I still maintain my bullish bias as before although we have a tough nut to crack at 1.187-1.189 area
My entry levels for tomorrow are as follows
buy limit@ 1.18216
sl 50 pips(below yesterday's low)
tp 1.18988
Risk comes from not knowing what to do
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