June 17 Market Review



The market trend initially rose then fell, even as the Federal Reserve decision approached, preparing for subsequent declines! Repeatedly clearly indicating the Silk Road outlook, gradually deploying positions at high points, flexibly switching between bullish and bearish, with the rhythm fully controlled throughout!

Early on, the market relied on support levels to deploy bullish positions and capture the rebound, gradually exiting after reaching the predicted rebound high. In the afternoon, the market broke below key support, then officially turned bearish. The short-term rally before the decision was a brief trap, which did not shake the main trend. Staying firm at high levels, we maintained a bearish outlook, waiting for news to materialize and confirm the downtrend.

A total of 9 trades throughout the day, Bitcoin (BTC) combined gains of 7,929 points, gold (XAU) combined gains of 127 points, with a total daily range of 8,056 points!

Cumulative profit of 76,042 USDT, the market was shaken without disrupting the main rhythm, with key levels announced in advance, steadily executing the plan.

Before the decision, the market repeatedly shook out traders, maintaining a bearish outlook at high levels throughout, deploying in batches for both longs and shorts, with 9 trades executed in total.

Bitcoin (BTC) combined gains of 7,929 points, gold (XAU) combined gains of 127 points, with a total daily range of 8,056 points.

Daily profit of 76,042 USDT, the shakeout did not disrupt the main trend, key levels announced in advance, profits steadily realized.
BTC0.82%
XAU0.13%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned