Forex Signal For BTC/USD: At This Way, The Bulls Looks Like To Break $40K

  Forex Signal For BTC/USD: At This Way, The Bulls Looks Like To Break $40K   Bitcoin is very bullish above $42,263 Bitcoin signals from last Monday were not triggered as there was not enough price action when the support and resistance levels were first reached.  

Today's BTC/USD Signals

 

• The risk is 0,50 %.
• Transactions can only be entered on Thursday before 17:00 Tokyo time.

 

Buy Trading Tips

 

• Enter buying after the next touch of $38,799, $37,633 or $36,656 and a reversal of the bullish price action on the H1 time frame.
• Place the stop loss $100 below the local low swing.
• Leave the stop loss active even when the trade is $100 profit.
• When the trade is $100 profit, take 50 % of the position as profit and leave the rest of the position active.

Forex Signal For BTC/USD: At This Way, The Bulls Looks Like To Break $40K

 

Sales Trading Tips

• Start selling after the next touch of $42,263 or $46,595 and a downtrend price action reversal on the H1 time frame.
• Place the stop loss $100 above the local high.
• Leave the stop loss active even when the trade is $100 in profit.
• Take 50 % of the position where you are $100 profit by trade and leave the rest of the position running.

 

You may also be interested in:

 

Forex Signal For AUD/USD: Neutral Reaction Ahead of FOMC Talks