
What will happen? FOMC press conference is among the primary methods the Fed uses to communicate with investors regarding monetary policy…
2019-11-11 • Updated
There’s a bullish “Hammer”, which hasn’t been confirmed. Also, the last candles are bearish, so the market is likely going to decline towards the nearest “Window”. If any bullish pattern arrives afterwards, there’ll be an opportunity to have a bullish correction.
The price is consolidating, so the upper “Window” is acting as a resistance. In this case, bears are likely going to deliver a new local low during the day.
What will happen? FOMC press conference is among the primary methods the Fed uses to communicate with investors regarding monetary policy…
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