Let’s summarize this week’s results and compare them with our forecast from the previous week. We profited from the rise of the U.S. Dollar against the Japanese Yen (we shared individual posts and screenshots about this), and throughout the beginning of the week, we locked in profits from these trades multiple times. The Euro-Dollar, Australian Dollar, and New Zealand Dollar haven’t made significant moves yet. The short on EUR/USD is meeting resistance; globally, we are still expecting a decline in this direction, but for now, we’ve closed most of the trades until there’s more clarity on whether the downward correction will continue.
As we head into the weekend, we’ve left only shorts on Bitcoin. We’ve been shorting it all week from 58k, and today it has dropped to 55k. Our plan is to hold the short position until at least 49-50k, potentially longer, if there are no major changes next week. Currently, we are actively shorting crypto.
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