Good morning!
This is what we are looking for.
We have a double top pattern.It is a false break.
Price was rejected twice.
I look at the EUR / USD pair,USD/JPY pair, they are also at the end of the pattern.
I also do not expect too much Fed will increase interest rates next time.
Let's take a look back at the last time the Fed raised interest rates, how the market is reacted ? The dollar has weakened.
Therefore, price action may reflect to reverse fundamental analysis.
We are just speculators,our job is to follow the trend.That's what help us to make money, not the Fed
You do not need to trade too much.You just have a nice set up, then enter an order and enjoy the trend.
And I have a set up for you, if i'm right.