{"id":118,"date":"2020-06-05T20:02:23","date_gmt":"2020-06-05T20:02:23","guid":{"rendered":"https:\/\/www.from1tomillion.com\/blog\/?p=118"},"modified":"2020-06-05T20:06:22","modified_gmt":"2020-06-05T20:06:22","slug":"fed-week-ahead","status":"publish","type":"post","link":"https:\/\/www.from1tomillion.com\/blog\/2020\/06\/05\/fed-week-ahead\/","title":{"rendered":"FED week ahead&#8230;"},"content":{"rendered":"\n<p>Since last week didn&#8217;t work out as planned and we shot above the resistance line without any stops or retraces, shorts will be an easier trade next week. But I am working with <strong>2 possible scenarios<\/strong>. The images below explain them better than words. We&#8217;ll either re-visit the important <strong>resistance zones from friday, 1320 and 1340<\/strong>, and start the short move on monday or we&#8217;ll break above 1380 and keep going up or topping until wednesday&#8217;s FED meeting. The first scenario should generate a retrace back towards a strong <strong>demand zone of 1200<\/strong> and from then on we will see what happens. The second scenario, there is a large demand around the 1500 area, which could lead to a bigger drop, towards 1000-1060 minimum, during the next few weeks.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"404\" src=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/06\/EUh1-1024x404.png\" alt=\"\" class=\"wp-image-119\" srcset=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/06\/EUh1-1024x404.png 1024w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/06\/EUh1-300x118.png 300w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/06\/EUh1-768x303.png 768w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/06\/EUh1.png 1141w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"402\" src=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/06\/EUd1-1024x402.png\" alt=\"\" class=\"wp-image-120\" srcset=\"https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/06\/EUd1-1024x402.png 1024w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/06\/EUd1-300x118.png 300w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/06\/EUd1-768x302.png 768w, https:\/\/www.from1tomillion.com\/blog\/wp-content\/uploads\/2020\/06\/EUd1.png 1141w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Since last week didn&#8217;t work out as planned and we shot above the resistance line without any stops or retraces, shorts will be an easier trade next week. But I am working with 2 possible scenarios. The images below explain them better than words. We&#8217;ll either re-visit the important resistance zones from friday, 1320 and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/118"}],"collection":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/comments?post=118"}],"version-history":[{"count":6,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/118\/revisions"}],"predecessor-version":[{"id":126,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/posts\/118\/revisions\/126"}],"wp:attachment":[{"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/media?parent=118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/categories?post=118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.from1tomillion.com\/blog\/wp-json\/wp\/v2\/tags?post=118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}