kingpin_mk
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🚨 DECEMBER 19: The BoJ Decision Could TANK the Market! My Short Setup 📉🇯🇵
Everyone is talking about support levels, but the real danger today comes from Tokyo. The Bank of Japan is meeting, and a rate hike could trigger a massive "Yen Carry Trade" unwind, just like we've seen before.
I'm not taking any chances. As my chart shows, I'm positioned for a potential drop.
📉 My Trade Setup (NFA):
Entry: Looking for rejections near current resistance.
Stop Loss (Red Box): Just above the recent swing high to protect capital.
Take Profit (Green Boxes): Targeting lower support zones if the panic selling kicks in.
This isn't about being a permabear; it's about managing risk on a highly volatile day.
Are you hedging your portfolio today or buying the dip? Let me know your plan below! 👇
$BTC
#bitcoin #cryptotrading #MarketUpdates" #Japan #Write2Earn
{spot}(BTCUSDT)
{future}(BTCDOMUSDT)
Everyone is talking about support levels, but the real danger today comes from Tokyo. The Bank of Japan is meeting, and a rate hike could trigger a massive "Yen Carry Trade" unwind, just like we've seen before.
I'm not taking any chances. As my chart shows, I'm positioned for a potential drop.
📉 My Trade Setup (NFA):
Entry: Looking for rejections near current resistance.
Stop Loss (Red Box): Just above the recent swing high to protect capital.
Take Profit (Green Boxes): Targeting lower support zones if the panic selling kicks in.
This isn't about being a permabear; it's about managing risk on a highly volatile day.
Are you hedging your portfolio today or buying the dip? Let me know your plan below! 👇
$BTC
#bitcoin #cryptotrading #MarketUpdates" #Japan #Write2Earn
{spot}(BTCUSDT)
{future}(BTCDOMUSDT)
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