Forex Signal For BTC/USD: Finding Support at $19,135.

    Forex Signal For BTC/USD: Finding Support at $19,135. Today's higher US CPI data could amplify the bearish breakout.  

Previous BTC/USD Signal

 

• The previous signal issued last Wednesday was not triggered because there was no bearish price action when the resistance level set at $20,516 was first reached.

 

Today's BTC/USD Signals

 

• The risk per trade is 0,50%.
• Transactions can only be entered on Thursday before 17h00 Tokyo time.

 

Buying Trading Tips

 

• Buy as soon as the bullish price action reverses on the H1 timeframe after the next touch of $19,315 or $19,164.
• Place the stop loss $100 below the local swing low.
• Set the stop loss to break even when the trade is $100 profit relative to the price.
• When the trade is $100 profit by price, take 50% of the position as profit and leave the rest of the position running.

 

Forex Signal For BTC/USD: Finding Support at $19,135.

 

Sales Trade Tips

 

• Sell ​​as soon as a bearish price reversal reverses in the first half time frame after the next touch of $20,041, $20,280, $20,516 or $20,690.
• Place the stop loss above the local high at $100.
• Set the stop loss to break even when the trade is $100 profit relative to the price.
• When the trade is $100 profit by price, take 50% of the position as profit and leave the rest of the position running.,

   

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