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BTCUSDT Perpetual Contract
Short

Consolidation before the BOJ Policy Rate Decision

223
We probably won't see much price action today even though rates were cut to 5% yesterday. Many market participants are bullish, but this feeling can quickly disappear if the Bank of Japan (BOJ) decides to raise rates again, creating a situation like the one on August 5th. We got some clusters of liquidation around ~63k but we have alot more at <58k to liquidate.
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bojfedFOMCictliquiditymanipulationmarketmakerMoving AveragesPO3powerof3Supply and DemandSupport and Resistance
reports20netrust
🔔Trading Blog🔔
20netrade.de

🔥14 Tage Gratis Trading Tagebuch App🔥
20netrade.de
Also on:

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.