Forex Signal For BTC/USD: Strong Bullish Support From Companies

  Forex Signal For BTC/USD: Strong Bullish Support From Companies   Bitcoin has bounced back higher for the bulls.

Bitcoin signals last Wednesday;

• It could have produced a losing short trade at $32,817 from the downtrend.

Today's BTC/USD Signals

• Risk per trade 0.50%.

 

• Exchanges can only be received on Tuesday before 17:00 Tokyo time.

 

Buy Trading Tips

 

• Enter buy after a bullish price action reversal on the next touch of $37,198, $35,258 or $32,817 and 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 profit.
• When the trade is $100 profit, take 50 % of the position as profit and leave the rest of the position active.

Forex Signal For BTC/USD: Strong Bullish Support From Companies

Sales Trading Tips

 

• Start selling after the next touch of $39,672 or $42,263 and a downtrend price action reversal on the H1 time frame.
• Place the stop loss $100 above the local high.
• Leave the stop loss active even when the trade is $100 in profit.
• Take 50 % of the position where you are $100 profit by trade and leave the rest of the position running.

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