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Artem_Dishel
Sep 2, 2022 8:07 AM

BTC - Economic data will be released today. Watch out๐Ÿ‘€ย 

Bitcoin / TetherUSBinance

Description

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Today important economic data will be released:
๐Ÿ‡บ๐Ÿ‡ธ Non-Farm payrolls
๐Ÿ‡บ๐Ÿ‡ธ Unemployment rate
This is important as during such days market loses volatility as everyone fears to open trades before they know for sure what happens in #1 world economy.

If you look at the charts, we can see clearly that morning should have been bullish.
1. Volume at bottom as a sign of strength from buyers
2. Broke the trandline after long accumulation.

However, after trendline breakout there no significant bullish movement, meaning that players are not ready to enter the game yet.

It's better to wait until 08:30 GMT-4 and trade volatility.

Not having a position is also a positionโ˜๏ธ


What do you think of this idea? What is your opinion? Share it in the comments๐Ÿ“„๐Ÿ–Œ
If you like the idea, please give it a like. This is the best "Thank you!" for the author ๐Ÿ˜Š

P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Comments
parsx26
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very helpful.
Artem_Dishel
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@parsx26, Thank you
Mahdifayazfar
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๐Ÿ‘Œ
Artem_Dishel
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@Mahdifayazfar, ๐Ÿ‘
UnknownUnicorn15614419
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Fantastic post.
Artem_Dishel
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@TradingStat, Thanks mate
Ajpor
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I love your statement not having a position is also a position
Artem_Dishel
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@Ajpor, It's always wise to remember that
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