Reading the Chart｜Fed’s Hammack: The reaction function and forward guidance on commitments are not the same
It’s more worthwhile to get involved when the news flow and candlesticks are moving in the same direction; when they’re moving in opposite directions, exercise extra caution. You can look back at how the market moved when similar news came out in the past.
$BTC is currently at 82665.99, down 1.54% on the day, with an intraday range of 82410.86–84352.
#BTC
It’s more worthwhile to get involved when the news flow and candlesticks are moving in the same direction; when they’re moving in opposite directions, exercise extra caution. You can look back at how the market moved when similar news came out in the past.
$BTC is currently at 82665.99, down 1.54% on the day, with an intraday range of 82410.86–84352.
#BTC