My BIAS also has changed on BTC. Bitcoin is weak, parallel with DXY who is broken out, heading towards supply zone. Reverse my setups after new target is hit. Looking for a "clean" short setup... The FOMC meeting will disrupt the market again. Will increase my positions after volatility clears up. Be alert!
BIAS changed. The market is weak and DXY is broken out, heading towards supply zone. Reversed my setups... The FOMC meeting will disrupt the market again. Will increase positions after volatility clears up. Stay safe...
Focus more on #trading psychology than TA... The expectations of all PA plans you see on Social Media are so high with multiple traders, that our trading mind will be played away as we approach the target everyone is waiting for... 25k... This is the manipulation game what I expect... The correction will be unexpected and fast, when everyone thinks we're going...
As we approach the upcoming FOMC meeting, where we can expect smaller rate hikes as inflation begins to slow, the gap in the liquidity zone could be filled right after. Enjoy the bullish trend atm. But remember, there comes a time of manipulation... Be alert
Bitcoin is still playing around at the liquidity zone... Patiently waiting for 1 of these scenarios... This is consistent with DXY, which is still roaming the range...Expecting to see a clean BIAS today...
US Dollar index still didn't retest the HTF breakout and still in the descending wedge range... As long as we stay in this range, there will be no major movements in the market... Scalp trades only, untill it breaks... #forex #CFD #Crypto