Disliked{quote} 100bps rate hike from Fed is likely not happening yeah. This is why it's hard forecasting anything. If they break the range with the move up it usually means price will fall hard. For that to happen Fed would have to raise by 1% as you said and they won't do that. This leaves couple of things if we are to see this scenario playing out. Powell being ultra hawkish or Bailey and BoE failing to convince the market and if they raise by only 50bps. We will definitely know more after Powell's speech. Then we could perhaps know where price could...Ignored
Untill one is not yet cover, where it will heading, ik it is really really hard to say.
As i mentioned in my previous post;
Disliked{quote} Today i just try to catch the retracement All ik is that this bullish will not last, cause the trend is down. and even with BOE 75bps hike, the bull wont last long. The trend is our friend.Ignored
Not afraid to be wrong, ik what am goin' to lose!
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