🚨 Today is a critical day for the markets!

Non-Farm Payroll and unemployment rate will be announced in the US.

Expectation: 100-110 thousand new jobs

Previous month: 147 thousand

Unemployment expectation: %4.2

The market is already pricing in a weak data. If

– It comes in below expectations →

The dollar weakens, $BTC & gold rise, the Fed's interest rate cut comes into play.

– It comes in above expectations →

The dollar strengthens, cryptocurrencies are pressured, the interest rate cut is shelved.

In my estimation, there is a high probability that the data will come in slightly below expectations.

After the announcement, do not pay attention to the volatility in the first minute, but look at the first hour that determines the direction.

Do not neglect your stops in your trades!