Short

BTC Retrace on FOMC Hikes

By Vortext

Updated

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

Note

This is not financial advice just common sense!

Note

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

Note

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 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).

Vortext

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