Forex Signal For BTC/USD: Rejecting $50K.

    Forex Signal For BTC/USD: Rejecting $50K.   Highlight of the day It could be $46,595. The BTC/USD signal last Monday produced a profitable trade from the bullish bounce at the nearest support level at $48,746.  

Today's BTC/USD Signals

 

• The risk is 0,50 %.
• Transactions must be entered before 17:00 Tokyo time on Thursday.

   

Buying Trading Tips

 

• Go long after the bullish price action reversal on the H1 time frame after the next touch of $47,443 or $46,595.
• 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: Rejecting $50K.

 

Sales Trade Tips

 

• Go short after a bearish price action reversal on the H1 time frame followed by the next touch of $48,746 or $49,835.
• Place the stop loss $100 above the local high.
• 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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