Forex Signal For BTC/USD: Bitcoin Taking Solid Steps

    Forex Signal For BTC/USD: Bitcoin Taking Solid Steps   The key support at $43,836 is gaining crucial. The BTC/USD signal last Monday produces a highly profitable long trade from the bullish bounce at the key support level identified as $51,364.  

Today's BTC/USD Signals

 

• The risk per transaction is 0,50 %.
• Transactions must be made before 17h00 Tokyo time on Tuesday.

 

Buying Trading Tips

 

• Go long after a bullish price action reversal on the next H1 time frame of $43,836 or $40,922.
• 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: Bitcoin Taking Solid Steps

Sales Trade Tip

 

• Take the short cut after a bearish price action reversal on the H1 time frame followed by the next touch of $47,532, $48,065 or $49,161.
• 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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Forex Signal For GBP/USD: It ranges between 1,3721 and 1,3900.