Forex Signal For BTC/USD: Consolidation Above $28,607

    Forex Signal For BTC/USD: Consolidation Above $28,607 Price likely to rise to $33,445  

Previous BTC/USD Signal

 

• Yesterday's signal was not triggered as none of the key support or resistance levels were reached.

 

Today's BTC/USD Signals

 

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

 

Buying Trading Tips

 

• Go buy after the bullish price action reversal on the H1 time frame followed by the next touch of $28,607, $27,981 or $27,487.
• Place the stop loss $100 below the local swing low.
• Set stop loss even when the trade is $100 profit relative to 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: Consolidation Above $28,607

 

Sales Trade Tips

 

• Go sell after a bearish price action reversal on the H1 time frame followed by the next touch of $33,445 or $33,828.
• Place the stop loss above the local high at $100.
• Set stop loss even when the trade is $100 profit relative to 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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