Technicals:
- Price pulled back into 15/30minute supply + inside elvels of daily supply.
- Many other trading strats looking at trading this area so a lot of funny business/fakebreakouts can occur.
Fundamentals/Sentiment:
- Main concerns supporting this bearish direction are stagflation (higher inflation slower economy), AI disruptions, FED hawkish stance on interest rates, and Geopolitical risk with Middle East. Recent monthly data that came out last week was overall pretty good but how will the FED react is the real question and Trump Iran deadline ending in 12 hours
Of course, with a larger reward:risk trade, I go into them expecting to lose more than win.
- Price pulled back into 15/30minute supply + inside elvels of daily supply.
- Many other trading strats looking at trading this area so a lot of funny business/fakebreakouts can occur.
Fundamentals/Sentiment:
- Main concerns supporting this bearish direction are stagflation (higher inflation slower economy), AI disruptions, FED hawkish stance on interest rates, and Geopolitical risk with Middle East. Recent monthly data that came out last week was overall pretty good but how will the FED react is the real question and Trump Iran deadline ending in 12 hours
Of course, with a larger reward:risk trade, I go into them expecting to lose more than win.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.