No resistance in the near term two weeks leading into the Fed Meeting, we should continue to rise into the Gann Fan resistance line as shown. But we are nearing a resistance of a Fibonacci Circle which should provide resistance to drop. Along with the potentially 0% chance of a September rate hike, this could the next drop.
トレード終了: 利益確定目標に到達:
Target reached and exceeded, the beginnings of Japanese intervention started coming yesterday, which was the drop lower that I was expecting. Expecting more o that along with the force of dovish remarks leading us lower. Not sure if it'll really hit $142, but $147 in the next week or two.