FOMC NQZ2024 (Winners in Both Directions)
1) 12:00 price opens up pretty stagnate. takes out the relative equal highs from 10:30 pm before taking out the recently created swing low. This established the morning range.
2)Short term sell side established and price failed to break this level before market open.
3) 9:30 open shoots price to short term sellside, eventually sweeping it at 10:00 am
4) from 10:45 -11:45 an Order block was formed, then price created a move higher, and a 5 min FVG.
5) 2:00 pm FOMC's decision came out. In 15 secs. price hit the targeted FVG and moved immediately to the previous day's high. Bouncing off the Order block created.
6) On the one-minute time frame a Breaker block and an IFVG are formed. Setting up and entry for a short position. Either side of a Bias played out.
Not trade advice just for my own studying and journaling.
2)Short term sell side established and price failed to break this level before market open.
3) 9:30 open shoots price to short term sellside, eventually sweeping it at 10:00 am
4) from 10:45 -11:45 an Order block was formed, then price created a move higher, and a 5 min FVG.
5) 2:00 pm FOMC's decision came out. In 15 secs. price hit the targeted FVG and moved immediately to the previous day's high. Bouncing off the Order block created.
6) On the one-minute time frame a Breaker block and an IFVG are formed. Setting up and entry for a short position. Either side of a Bias played out.
Not trade advice just for my own studying and journaling.
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