With the FOMC blockbuster coming up this week, y’all better mark these inflection points for potential reversals or breakout situations!
Significant Levels to Watch Out For
|Week Open (WO)||0.8960||1.0595||0.8270|
|Previous Week High (PWH)||0.9168||1.0671||0.8336|
|Previous Week Low (PWL)||0.8909||1.0560||0.8186|
|Top Weekly ATR (tWATR)||0.9060||1.0653||0.8365|
|Bottom Weekly ATR (bWATR)||0.8861||1.0538||0.8175|
|Other significant levels||0.8900, 0.9000||1.0650, 1.0550||0.8300, 0.8000|
In case you’re wondering what ATRs are all about and how I computed those figures, make sure you check out my entry explaining my trading strategies.
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