Forex Signal For BTC/USD: Break Above $20,000 Again

Previous BTC/USD Signal

• The previous signal given last Wednesday was not triggered because there was no bullish price action when the support level set at $20,153 was first reached.

Today's BTC/USD Signals

• The risk per trade is 0,50%.
• Transactions can only be entered on Thursday before 17h00 Tokyo time.

Buying Trading Tips

• Go into a buy position as soon as the bullish price action reverses on the H1 time frame after the next touch of $19,700, $19,315 or $19,164.
• Put the stop loss $100 below the local volatility low.
• Move the stop loss even when the trade is $100 profit by 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: Break Above $20,000 Again

Sales Trade Tips

• Go into a sell position as soon as the bearish bullish price action reverses on the H1 time frame after the next touch of $20,516 or $21,141.
• Place the stop loss $100 above the local volatility high.
• Move the stop loss even when the trade is $100 profit by 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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