Quick scalp trade on break of upper bollinger band
The speculation in prices are based on fed previous rate cut by 50 points but the current price upside is fueled by more news coming from fed that 100 points cut is on card by year end . How ever as we all know 4 more months on card exist .. so it's better to scalp the trade upto 2650 and then wait to enter short incase and until the price again doesn't fall drastically below 200 ema on 1 min time frame for a quick scalp trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.