LiBZ42 2 minutes reading from Bitcoin

Bitcoin Price Rally Starts Well After FOMC

I'm short BTC SL 19619

Low risk, the idea is to let this one run if market lets it.

This is the setup

I'm out here. We probably move up to Weekly Open during the speech is what I'm thinking

Flipped long. I better stop this soon. I don't even like trading the 1min but thought about trying this today. The idea was simply to fade the initial reaction of the FOMC when the press conference starts.

Stops to 18932

Stops to entry

TP hit ✅ A quick 1.5R tonight.

The plan of fading the initial move once the press conference starts worked out well.

This post is based on this twitter thread.


Please login to comment.