jackiecap

BTCUSD, 1H TIMEFRAME, BEARISH

Short
jackiecap Updated   
COINBASE:BTCUSD   Bitcoin
FED is hawkish, and USD looked it will continue to get stronger, so we saw sell off in BTC.
Yesterday Bank of England gave some relaxation to the markets, but still I don't see, at least for now, slowing down USD.
I think this doesn't look good for most of the assets in short-term.

On 15min chart, I see FVG- and OB- (it's visible one the chart). I think it will be filled and expect another sell off today!

However, be careful about EU and US data these days. They could easily surprise us all.
Order cancelled:
Idea was good, but I've put entry price too far. I cancelled the pending order.
Comment:
Activated again previous pending order.
Trade active
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.