✈️ Friday Flight Log – 20 September 2024

ICYMI: THE TRADE TRAVEL CHILL WEEKLY RECAP

As we taxi toward the end of another week, let’s be honest—we were in the brace position waiting for FOMC, but all we got was a little bump as they wheeled the refreshments past. For now at least, things are on the up and up, so take a break and catch up on the bumper crop of content TTC produced for us this week.

Expect the unexpected. When things become too obvious and too many people think that something must have been, usually the opposite happens.
— Annii

TRADE

👩‍✈️ FROM THE FLIGHT DECK

Captain’s Log ✍

Did you catch all of Annii’s technical analysis this week? Here’s your recap!

• Annii’s advice at the start of the week was all about caution ahead of the FOMC meeting. The daily and 1H charts hinted at bearishness, including a star formation flirting with a close under the 50EMA, and a shaky M formation on 4H chart, but she stayed open to a bullish scenario if volume confirmed.
• Mid-week, a bullish 5-candle pattern emerged, but Annii wasn’t fully convinced due to the wick size. Her advice was to play it safe and wait for FOMC