Forex Signal For BTC/USD: Bear Market Below $41,323

    Forex Signal For BTC/USD: Bear Market Below $41,323   Bitcoin has lost almost 20% in just a few days. The BTC/USD signal last Monday was not triggered as there was no bullish price action at any of the support levels reached that day.  

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

 

• Enter long after a bullish price action reversal on H1 time frame followed by the next touch of $41,483 or $38,728.
• Put the stop loss $100 below the local volatility 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, remove 50% of the position as profit and let the rest of the position last.

Forex Signal For BTC/USD: Bear Market Below $41,323

Sales Trade Tip

 

• H1 after the next touch of $44,268 or $45,261.
• Place the stop loss $100 above the local volatility high.
• 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, remove 50% of the position as profit and let the rest of the position last.

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