Forex Signal For AUD/USD: Taking Profit Cannot Be Ignored.

    Forex Signal For BTC/USD: Consolidation Expected Above $42,446. Ethereum continues to trend more bullish than Bitcoin.  

Previous BTC/USD Signal

  The reason the previous signal set last Thursday did not trigger was because the bearish price of $38,047 did not form until the day was closed in Tokyo.  

Today's BTC/USD Signals

 

• The risk per trade is 0,50%.
• Trades must be entered before 17h00 Tokyo time on Friday.

 

Buying Trading Tips

 

• Buy as soon as the bullish price action reverses in the first half time frame after the next touch of $42,446, $41,845 or $39,622.
• Place the stop loss $100 below the local swing low.
• Set stop loss even when the trade is $100 profit relative to 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: Consolidation Expected Above $42,446.

 

Sales Trade Tips

 

• Go selling after a bearish price action reversal on the H1 time frame followed by the next touch of $45,668 or $48,555.
• Place the stop loss above the local high at $100.
• Set stop loss even when the trade is $100 profit relative to 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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Forex Signal For AUD/USD: Taking Profit Cannot Be Ignored.