Forex Signal For BTC/USD: Bitcoin Bounces Back.

    Forex Signal For BTC/USD: Bitcoin Bounces Back.   Resistance is held below $50,000 so far. The BTC/USD signal last Wednesday was not triggered as there was no bearish price action when the $42,663 resistance was first reached.  

Today's BTC/USD Signals

 

• The risk per trade is 0,50%.
• Exchanges can only be made on Tuesday 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 $46,867, $46,381 or $45,261.
• 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: Bitcoin Bounces Back.

   

Sales Trade Tip

 

• Enter short after a bearish price action reversal on the H1 time frame followed by the next touch of $49,161 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.

 

Bununla da ilgilenebilirsiniz:

 

GBP/USD Forex Sinyali: Düşüş Trendinde Geri Çekilme.