BTC Retrace on FOMC Hikes

14 בדצמ׳ 2022

War, Plague, Shortages, Graft, Fraud, FOMC Hawk and Inflation...Fundamentals
Fib retrace to the .786...Technical

15 בדצמ׳ 2022

הערה

This is not financial advice just common sense!

15 בדצמ׳ 2022

הערה

Moved the stop to break even. This is now a risk free trade.

16 בדצמ׳ 2022

הערה

Boom! A successful 1 to 3 RR (risk to reward) trade was completed using key Fibonacci targets during a Fundie. As you can plainly see BTCUSD traded very technically as it stepped down to each Fib level but waiting for the appropriate moment to enter was the key (After FOMC sentiment displayed the true direction).