Forex Signal For BTC/USD: Bulls Testing Resistance at $62,558.

  Forex Signal For BTC/USD: Bulls Testing Resistance at $62,558.   The highest price of all time in sight. The BTC/USD signal last Wednesday produced a very profitable long trade from the defined support level at $54,272.  

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

 

• A long entry as soon as the bullish price action reverses on the H1 timef rame after the next touch of $61,218 or $58,906.
• 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: Bulls Testing Resistance at $62,558.

 

Sales Trade Tips

 

• At the next touch of $62,558, $63,856 or $64,945, make a short entry as soon as a downside price reversal on the H1 time frame is reversed.
• Place the stop loss $100 above the local volatility high.
• Set the stop loss to break even when the trade is $100 profit relative to the price.
• When the trade is $100 profit by price, remove 50% of the position as profit and leave the rest of the position running.

   

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