Trade Direction:
ETH Short
Risk Management:
- 0.5% risk allocation
Reason for Entry:
- Tagged and rejected from Daily FVG
- Market sentiment remains bearish across macro and crypto
- News flow is strongly risk-off. Qatar has closed flights, UK and US citizens issued shelter in place warnings aswell
- Heightened geopolitical risk from possible Iranian escalation, with largest US base in the region
- 0.718 rejection
ETH Short
Risk Management:
- 0.5% risk allocation
Reason for Entry:
- Tagged and rejected from Daily FVG
- Market sentiment remains bearish across macro and crypto
- News flow is strongly risk-off. Qatar has closed flights, UK and US citizens issued shelter in place warnings aswell
- Heightened geopolitical risk from possible Iranian escalation, with largest US base in the region
- 0.718 rejection
Trade closed: stop reached
Stopped, -0.5%. Not looking to trade today. Market is 2 news driven and this PA is dog.Back thursday friday if conditions allow
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.