[torero]

The shaded boxes are where the news came out (between 2:00pm and 2:15pm). I drew this arbitrarily because the time is not important to me. My only concern is how the prices treat the S/R levels. The red arrows are where my short entries would be.

So in both charts, the news came out, the first chart didn't go down hard, although it was already bearish before the news (left side of shaded box), it was already below the rectangle support. When it came up to meet it was resistance, right when the fed news came out. Since prices didn't bring it back above the resistance, it was still bearish so I waited for a lower high to make my entry.

The 2nd one where the fed news came out, it tanked hard, hitting past below the rising trendline, that was bearish. It recovered and stop at that line again, this time it's used as resistance, that's a confirmation that the market was bearish. Then it preceeded to chop forming a small HnS. Once it broke the neckline, I measured the target.

Hope that explains it better.