Potential setup ahead of FOMC, we have seen a shift in momentum on hourly timeframe after a strong daily candle engulfing
Lovely break of structure on 1h I will love to see price retrace back to zone which is also 618 level of our fib.
Higher timeframe hourly flag breaks to the downside from last week impulsive movement, we are looking to take a sell on the breakout of 15min first correction.
simple 1h impulsive and corrective phase i will be looking to take the continuation to the downside around 618 level