The market could potentially retrace into a deeper discount before continuing a bullish trend. I want to see the market manipulate above an old high during the 8:30am new event. if the market shows this signature during the news event on Monday than I will go short at an m 5 sibi iofed or break and retest of structure. The prices I'm looking at are H1 -rejection 2696.39, 2702.23, H1 -mitigation 2703.83, 2705.55.
I want to see thin liquidity during aggressive bullish runs just before news. this will likely lead to the bearish displacement which guarantees that bulls are trapped long above old highs