The price has been fluctuating within a broad range but shows a general downward trajectory as indicated by FALLING WEDGE. There's a noticeable struggle to break above the supply zone, suggesting that any rally towards this zone might be met with selling pressure.
Still holding this formation. FED speaks 11am EST. Russia/Ukraine tensions growing. Should see some test if not a break of this. 15m chart to show weakness leading into FED.
Possible DOJI candle reaction - October & December had continuations off this though set up is slightly different. Fed minutes tomorrow & Russia tensions rising. Will play a factor.
Possible DOJI candle reaction - October & December had continuations off this though set up is slightly different. Fed minutes tomorrow & Russia tensions rising. Will play a factor.
