Forex Signal For BTC/USD: Return Below $40,000

  Forex Signal For BTC/USD: Return Below $40,000 The highlight of the day was $40,625. Bitcoin signals last Wednesday produced a long trade that lost from the bullish bounce at the support level identified as $38,799.  

Today’s BTC/USD Signals

 

• The risk is 0.50 %.

 

• Trades must be entered before 17:00 Tokyo time on Tuesday.

 

Buy Trading Tips

   

• Enter buying after the next touch of $38,653, $37,633, or $36,656.and a reversal of the bullish price action on the H1 time frame.
• Place the stop loss $100 below the local low swing.
• Leave the stop loss active even when the trade is $100 in profit.
• When you have $100 in profit in the trade, take 50 % of the position as profit and leave the rest of the position active.

Forex Signal For BTC/USD: Return Below $40,000

Sales Trading Tips

 

• Start selling after the next touch of $40,625, $41,479 or $46,595.and a downtrend price action reversal on the H1 time frame.
• Place the stop loss above the local high at $100.
• Leave the stop loss active even when the trade is $100 in profit.
• According to the trade, take 50 %of the position where you are in profit of $100 and leave the rest of the position running.

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