Interest rate decision is in less than 15min and a 25bps hike is expected.
Markets have run ahead of it this week so a small pullback is likely but as long as prices stay above the dotted Invalidation levels, there's nothing to worry and we should resume higher tomorrow probably.
From a risk/reward perspective, I think it's a good idea to look to go long, may it be relatively strong individual names or simply buying the indexes.
It's also a good idea to go for some select names in the crypto space, like BTC, ETH or some newer ones like OP, CFX and VIB.
Markets have run ahead of it this week so a small pullback is likely but as long as prices stay above the dotted Invalidation levels, there's nothing to worry and we should resume higher tomorrow probably.
From a risk/reward perspective, I think it's a good idea to look to go long, may it be relatively strong individual names or simply buying the indexes.
It's also a good idea to go for some select names in the crypto space, like BTC, ETH or some newer ones like OP, CFX and VIB.
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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.