Forex Signal For BTC/USD: Bull Market Manages to Take Price to 3-Month High.

    Forex Signal For BTC/USD: Bull Market Manages to Take Price to 3-Month High.   The price is still trading above $50,000. The lack of any bearish price action caused the BTC/USD signal to not be triggered when the $48,675 resistance level was first reached last Wednesday.  

Today's BTC/USD Signals

 

• The risk per transaction is 0,50 %.
• Exchanges can only be entered on Tuesday before 17h00 Tokyo time.

 

Buying Trading Tips

 

• Enter long after a bullish price action reversal on the H1 time frame followed by the next touch of $51,364 or $49,161.
• Put the stop loss $100 below the local volatility low.
• Set the stop loss so that the trade is broken even when there is a profit of $100 relative to the price.
• When the trade is $100 profit by price, remove 50 % of the position as profit and let the rest of the position last.

 

Forex Signal For BTC/USD: Bull Market Manages to Take Price to 3-Month High.

Sales Trade Tip

 

• Enter short after a bearish price reversal on the H1 time frame followed by the next touch of $54,864.
• Place the stop loss $100 above the local volatility high.
• Set the stop loss so that the trade is broken even when there is a profit of $100 relative to the price.
• When the trade is $100 profit by price, remove 50 % of the position as profit and let the rest of the position last.

 

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