Wait for the FED and their statement. Depending on which way the breakout would happen go with this direction.
Buy Scenario:
Stop loss – below the last low to be created.
Target 1 – Last highs around 2186.50.
Target 2 – Keep it open until bearish divergence starts to develop.
Sell Scenario
Stop loss - above the last high to be created.
Target 1 - Last highs around 2186.50.
Target 2 - Keep it open until bearish divergence starts to develop.
Buy Scenario:
Stop loss – below the last low to be created.
Target 1 – Last highs around 2186.50.
Target 2 – Keep it open until bearish divergence starts to develop.
Sell Scenario
Stop loss - above the last high to be created.
Target 1 - Last highs around 2186.50.
Target 2 - Keep it open until bearish divergence starts to develop.
Related publications
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.
Related publications
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.