Forex Signal For BTC/USD: Shows Strong Fall to Support Bitcoin at $19,246.

    Forex Signal For BTC/USD: Shows Strong Fall to Support Bitcoin at $19,246.   Bitcoin plunged sharply yesterday after climbing above $20,500.  

Previous BTC/USD Signal

 

• The previous Bitcoin signal on October 19 was not triggered because there was no bullish price action when the support level, defined as $18,996, was first reached.

 

Today's BTC/USD Signals

 

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

 

Buying Trading Tips

 

• Buy as soon as the bullish price action reverses on the H1 time frame after the next touch of $19,463, $18,996 or $18,856.
• Put the stop loss $100 below the local volatility low.
• Move the stop loss even when the trade is $100 profit by 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: Shows Strong Fall to Support Bitcoin at $19,246.

 

Sales Trade Tips

 

• Sell ​​as soon as the bullish price action reverses on the H1 time frame after the next touch of $19,939 or $20,532.
• Place the stop loss $100 above the local volatility high.
• Move the stop loss even when the trade is $100 profit by price.
• When the trade is $100 profit by price, remove 50% of the position as profit and let the rest of the position last.

 

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