#FedRateWatch
Morgan Stanley has even shifted to expecting another hike in December, which raises the risk of a hawkish reaction.
For a BTC 1-minute scalp
I would not blindly short before FOMC.
Best approach:
Before FOMC: đĄ WAIT
First spike: â Don't chase
After announcement: wait for the first volatility burst
Bearish setup: breakdown â retest â rejection = SHORT
Bullish setup: sweep low â reclaim â bullish BOS/retest = LONG
Because the hike is already expected, BTC can dump first and then reverse violently if the Fed sounds less hawkish than expected.
Current overall bias: đŽ 60â65% bearish / đą 35â40% bullish, but the actual direction can change very quickly after the statement.
If you're trading BTC 1-minute, send me the current BTC chart and I'll mark the LONG/SHORT trigger, invalidation and TP zones for the FOMC setup.
Morgan Stanley has even shifted to expecting another hike in December, which raises the risk of a hawkish reaction.
For a BTC 1-minute scalp
I would not blindly short before FOMC.
Best approach:
Before FOMC: đĄ WAIT
First spike: â Don't chase
After announcement: wait for the first volatility burst
Bearish setup: breakdown â retest â rejection = SHORT
Bullish setup: sweep low â reclaim â bullish BOS/retest = LONG
Because the hike is already expected, BTC can dump first and then reverse violently if the Fed sounds less hawkish than expected.
Current overall bias: đŽ 60â65% bearish / đą 35â40% bullish, but the actual direction can change very quickly after the statement.
If you're trading BTC 1-minute, send me the current BTC chart and I'll mark the LONG/SHORT trigger, invalidation and TP zones for the FOMC setup.