Trade #17 Short
March 21, 2023 - entry: $27,938 - stop: $29,387 (5.2%) - target: $8,000 - time: 60d
short into consolidation after hopium infused rally
short into consolidation after hopium infused rally
Nota
FOMC -1h:So far as expected, first move wrong move.
Crash might also play out on 25bps + 'gonna keep hiking more after this'.
US will keep paying high enough rates to make the USD the most attractive risk-reward fiat CBDC.
Inflation only matters on a relative basis vs. other fiats
Trade chiuso: obiettivo raggiunto
TP-exit at $27,500 as planned after .382 retracement crossed without having breached 26k
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