Forex Signal For BTC/USD: Big Move Above at $50K.
Forex Signal For BTC/USD: Big Move Above at $50K.
The high point of the day could be $47,715.
Since last Wednesday, the BTC/USD signal has not triggered, as none of the key levels reached that day have been viable price action.
Today's BTC/USD Signals
- The risk per transaction is 0,50 %.
- Exchanges can only be made on Tuesday before 17:00 Tokyo time.
Buying Trading Tips
- Long entry following a reversal of bullish price action on H1 timeframe followed by the next touch of $47,715, $46,595 or $43,836.
- Put the stop loss $100 below the local volatility low.
- Set the stop loss so that the trade is broken even when there is a profit of $100 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: Big Move Above at $50K.
Sales Trade Tips
- Enter short after a bearish price action reversal on the H1 time frame followed by the next touch of $49,835 or $51,364.
- Place the stop loss $100 above the local volatility high.
- Set the stop loss so that the trade is broken even when there is a profit of $100 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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