✈ Friday Flight Log

ICYMI: Trade Travel Chill Highlights of the Week

After a heavy news week, I’m happy to report that we’ve successfully weathered the turbulence and Annii has switched off the seatbelt sign. So feel free to stretch your legs, grab a refreshing beverage, and settle in for our weekly recap!

💸 TRADE

👩‍✈️ From the Flight Deck

Captain’s Log ✍

Annii’s been our eyes in the sky this turbulent week:

• She advised caution due to geopolitical tensions, potential “sell the news” reactions post-Bitcoin convention, and complex market dynamics.
• She gave us a first-of-the-month analysis of Bitcoin’s potential trajectory for August, charting from the monthly chart, down to the nitty-gritty of the 1-hour timeframe.
• And she warned that opening trades on FOMC news day, in any direction, will basically guarantee they will hit SL’s with volatility. Sure enough, the MM rewarded us with a rollercoaster ride.

I do think it is macro bullish. It is a good sign that the bull market is not over at this point in time. But does that mean that August is going to be the month that we break out to all time highs? Not necessarily.

– Annii

Annii and the Market Makers