Today opened weak, with a doji bar at the ema. Given the strong move late into yesterday, there was some chance of a second leg down. However, b1 had false breakouts on both sides and gave a first reversal signal with micro-wedge (mW) on b5. This was probably the best trade of the AM.
The next pullback was a mW to the ema ending in a down up signal bar on b21. This was good for a scalp. Although this did eventually give +2, anyone who had a swing stop probably exited when the market went against them the second time on b33.
There usually is an overshoot for a tight trading range (TTR) to reverse. A rising TTR is usually a wedge, and the FOMC announcement triggered an overshoot of the Trend Channel Line (TCL) on b58.
b62 was a very strong signal (A2, W1P, BP of ema) and everyone took it. The breakeven stop did not get hit and the trade could be held till the overshoot/climax of b74.
Repeated selling late in the day is usually a bad sign for the price and this may mean some down days in the near future.