ratecuttrap

$SPK BEARISH BREAKDOWN AFTER POWELL’S RATE CUT SIGNAL

The chart reveals a classic bull trap followed by a sharp bearish engulfing candle—triggered moments after Jerome Powell’s dovish tone. Despite expectations of a rally, the market interpreted his remarks as a sign of deeper economic concern, sparking aggressive selling.

SHORT ENTRY SETUP
Entry: Below recent breakdown candle
TP1: Previous support zone
TP2: Weekly demand zone
TP3: 200-day EMA
SL: Above breakdown candle wick

Risk Management:
Use 1–2% of account per trade. Trail stop once TP1 is hit. Avoid overleveraging in macro-driven volatility.

#bearishengulfing #fedreaction #spxtechnical #ratecuttrap #riskmanagement
$SPK

🚨 BREAKING 🚨
🇺🇸 PROBABILITY OF A FEDERAL RESERVE RATE CUT IN DECEMBER RISES TO 70%
#BULLISH FOR CRYPTO 🚀🚀
$ICP
$ORDI
$DASH
#TrumpTariffs #ratecuttrap #BTCVolatility