Forex Signal For BTC/USD: Bearish Price Channel Medium Term Outlook

    Forex Signal For BTC/USD: Bearish Price Channel Medium Term Outlook   $46,595 already touched seems to be the highlight of today. Last Monday, the BTC/USD signal was not triggered as the bullish price action occurred below the only support level reached.  

Today's BTC/USD Signals

 

• The risk per transaction is 0,50 %.
• Transactions must be made before 17:00 Tokyo time on Thursday.

 

Buying Trading Tips

 

• Go long after the bullish price action reversal on the H1 time frame after the next touch of $46,595 or $43,836.
• Place the stop loss $100 below the local swing low.
• Move the stop loss even when the trade is $100 profit by 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: Bearish Price Channel Medium Term Outlook

Sales Trade Tips

 

• Go short after a bearish price action reversal on the H1 timeframe followed by the next touch of $48,675 or $49,835.
• Place the stop loss above the local high at $100.
• Move the stop loss even when the trade is $100 profit by 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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