📊 I executed a quick trade taking advantage of the recent economic news released from the United States.
The unemployment data came in higher than expected, which caused a weakness in the dollar's performance during the early hours after the announcement.
I took advantage of this temporary decline and opened a buy position on one of the highly liquid cryptocurrencies, after noticing a clear technical pattern indicating a rebound.
I relied on a combination of technical analysis and fundamental analysis in my decision, which helped me exit the trade with a good profit in less than two hours.
Immediate follow-up on news and analyses is considered an essential part of my trading strategy, along with strict capital management.