16/04/2025
BTCUSD H8
Back in the crosshairs, markets like the US30 and US100 are way too volatile for us to trade and comment on properly at the moment; this has been the case for the past 7-10 days or so. These headlines and tweets from Trump are absolutely wild. I can't even begin to think of how many accounts may have been blown recently.
The US100 has pushed around 15% from daily lows to yesterday's close price, in a single day! One of the biggest single-day market moves I've experienced in 10 years of trading financial markets.
BTCUSD remains under this $85,000 price, with the US30 trading around 40,000 and the US100 sh of 20,000
I would still like to see BTCUSD trade towards that support price of $72,000, although recent trade saw us at $75,000, which is there or there abouts in the scheme of things.
Really looking forward to these markets calming down a little bit. As it stands, there isn't much opportunity for us and the way we like to trade. No doubt stops need opening up, and TP needs to be extended with trailed stop losses.
As always, trade to trade another day, don't go and blow your account for the sake of greed and FOMO. Big losing day for us on Monday which scared us away from the markets for a little while.
Know your risk appetite and follow your risk/trading plan.
Copytrading landing soon, we will be hosting on https://t.me/flankinvesting so message us to find out more.
