BTC Retrace on FOMC Hikes

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War, Plague, Shortages, Graft, Fraud, FOMC Hawk and Inflation...Fundamentals
Fib retrace to the .786...Technical

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ملاحظة

This is not financial advice just common sense!

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ملاحظة

Moved the stop to break even. This is now a risk free trade.

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ملاحظة

Boom! A successful 1 to 3 RR (risk to reward) trade was completed using key Fibonacci targets during a Fundie. As you can plainly see BTCUSD traded very technically as it stepped down to each Fib level but waiting for the appropriate moment to enter was the key (After FOMC sentiment displayed the true direction).