Feels sooo good I waited... Powell speech interferes... New channel angle and more waiting time!

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Meanwhile, on M5....

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If you rely on W1, D1 or H4 charts you can make plans to trade even during news... I did today because I made plans based on H4... BUT if you are used to trade smaller timeframes like M30, M15, M5 or M1... then definitely stay out! I hope it ...

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So, we have a rate cut... I got rid of my shorts at 1.1639.... Now waiting on sidelines! H1 situation looks like a bull flag... I will try to go long as deep as I can... No rush!

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Before..... after... Only those who paid attention are probably short now...

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2 more hours until data... Bulls have almost reached 1.1666 area as anticipated... H4 closing price matters!

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Thanks... noted..

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Meanwhile, on H4 If I had to remove everything from my previous charts, I still would keep these lines... The bullish channel is still intact, BUT 1 hour before FED data one H4 candle will close. If that candle closes above my median line (dashed ...

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M5: for now bull momentum still alive... don't sell!

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One thing for sure: A rate cut will boost EURO... so eventually somewhere along this week we should see a rocket gliding up! When... how... I don't know... *If forexcasters are wrong though and FED goes with no rate cut, then the whole flow will be ...

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H1: journey continues.. we also must make sure to keep charts updated the more data flows in.. Nothing stays the same! Next: After a big bull candle, now watch ~1.1643 for bear signs...

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H1: Touch to upper edge of inner channel.. Closed with +10 pips... Tiny bites today.. no need for greed!

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H1: On a regular day I would simply sell 1.1631 area... BUT days like today can be distortive! So we must trade wicked! (pun intented)

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H1: The main danger for buyers is a drop to 1.1595.... if that doesn't scare you, then you can stay long!

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Just opened long order here at 1.1626... Risky but could work because it is FED day... *On a regular day I would simply keep selling!

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Lol... Yeah, almost!.... I am watching H1 1.1624 area (which translates to 1.1628) on M5....

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You need sleep... go sleep... "tomorrow" is already "today".. Nite nite...

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H1: My chart says we are range bound until FED... Inner bearish channel still intact... so temporarily bearish atm... Overall: Trade safe folks and watch the range until FED minutes... and look: 1.1666 is waiting for us right at the top ...

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And the next H1 hour levels.. while below 1.1657, bears are safe... so on and so forth...

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