We Are Shorting Bitcoin!
Oscar G. Salem from BCM Partners sits down with Blake Morrow to talk about the current market conditions. He is looking for the Fed Governors and Jay Powell to continue with their hawkish rhetoric as financial conditions have loosened. This should keep downside pressure on the #SPX and create some risk aversion. Oscar would like to express those views with long USDZAR on dips to the 16.25 level.
He also likes being long the USDSEK at 10.0600. Oscar likes high beta short against the US Dollar!
He also shows the ending diagonal pattern in BITCOIN and how he is short the market and knows where the risk is! #SPX #Bitcoin #US Dollar
#trading #JacksonHole #USDSEK #USDZAR
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They are an award-winning broker who is focused on traders security and peace of mind. They deliver a personalized trading experience and create an ultra-efficient technology infrastructure for traders to trade on. That’s why they have been awarded the Best Global Forex MT4 Broker 2020 at the Global Forex Awards and, more recently, been named the Best Crypto Broker at the AtoZ Market Awards, 2021.
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BCM Partners, LLC