Forex Signal For BTC/USD: Bearish Price Channel Valid!

  Forex Signal For BTC/USD: Bearish Price Channel Valid!   The price is threatened with a major bearish breakout!   Bitcoin signals last Monday produced an excellent and very profitable sell trade from the downtrend at the key resistance level identified at $34,513.  

For today's BTC/USD Parity Signals

• The risk per trade is 0.50 %.
• Transactions must be received only on Thursday before 17:00 Tokyo time.

Buy Trading Tips

• After the next touch of $28,607 and on the H1 time frame, buy after the bullish price action reversal.
• Place the stop loss $100 below the local volatility low.
• Leave the stop-loss active even if the trade is $100 profit.
• When you are $100 profit in the trade, take 50 % of the position as profit and leave the rest of the position in the trade.

Forex Signal For BTC/USD: Bearish Price Channel Valid!

Sales Trading Tips

 

• Go short after the next touch of $32,817, $33,298, $33,663 or $34,110 and a downside price action reversal on the H1 time frame.
• Place the stop-loss above $100 above the highest local fluctuation.
• Actively set stop-loss even when you are $100 profit in the trade.
• When you are $100 profit in the trade, take 50 % of the position as profit and leave the rest of the position in the trade.

 

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