Forex Signal For BTC/USD: Consolidation Continues.

    Forex Signal For BTC/USD: Consolidation Continues.   $42,663 seems to be the highlight today. The BTC/USD signal last Wednesday produced a highly profitable long trade from the bullish rejection and inside bar break of the support level defined as $41,483.  

Today's BTC/USD Signals

 

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

 

Buying Trading Tips

 

• Go long after the bullish price action reversal on the H1 timeframe followed by the next touch of $38,728 or $37,633.
• 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: Consolidation Continues.

   

Sales Trade Tip

 

• H1 after the next touch of $42,663 or $45,261.
• 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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