Sharp increases in U.S. interest rates have historically caused problems for emerging markets. During those times, people like me have wondered whether the Hong Kong dollar might be one of the casualties. For hedge funds or banks, the advantages of positioning for a break in the Hong Kong dollar’s peg to the U.S. dollar are partly that the payoffs are asymmetric...
H4 Bearish momentum, following it through FOMC... Nice pullback to start shorting
D1 chart shows decent setup with 3 ranging candles, more downside may come as we have FED rate hike on this Wednesday
Series of Rejection candles on D1 chart after the big dump. More downside to go
Bearish bias after El Salvador Candle, short inside the box.. currently on 50% pullback.. looks like a great price to short
Quadruple Rejection candle after rejection.. more downside to go at least to previous support level
Rejection from Resistance Level. Shorting with TP1 at recent SR level and final tp at Daily chart low
GBPUSD Bearish Engulfing Outside Bar Target Swing low
BTCUSD yinyang setup on the way to 44k support.....
Break and retest zone look good to long.. target 1825-1828
ETHUSD Short term Swing idea hitting D1 resistance level