🔥 This is quite the messy situation… with this sweep, both Long and Short are in trouble. If I limit, it won't match anyway.
🔸 Right now, both Bitcoin and Gold have been in a sideways trend for quite a while, a new short-term trend needs to be established, but there hasn't been any news strong enough to drive the prices. Everyone has been on standby watching FOMC and interest rates, but in reality, it has already been forecasted, especially when everyone is eagerly waiting for news, it just sweeps liquidity without creating a new trend.
I haven't updated anything these past few days, partly because I've been busy with work, and partly because the market is like a mess. I haven't placed any orders, so I can't provide any updates, so I hope everyone can understand a bit.
🔸 This period might see many people jumping in to buy… because after the market sweeps liquidity, the recovery trend is likely to be high. So everyone should balance during this phase. Just go with your feeling about the market, don't listen to anyone else.
🔹 This is my personal view for everyone to consider… I expect it to sideways up to around 120-121.x as before and will limit around those levels… Short with a short SL around 120.5-121.5-122.5, with each level having an SL of about 1500-2000 price. The target is all below 116 - 114 and 111.
Did anyone get… trimmed by the market a bit yesterday?