Hey traders!
So today we saw a downtrend working lower which started in the pre-market price action and continued working lower after the market opening. At the same time, Powell’s testimony started so pretty much the day is a rollercoaster so fast. There is no clear bias, tending more like to say prices work lower but then reverse the next minute after. I tried to stay with the shorter-term channels and structures and found some interesting setups.
Hope you have a good trading day.