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BTC/USD: Weakly Bullish Above $26,440
My previous BTC/USD signal on 13th September was not triggered as there was no bullish price action when the support level which I had identified at $24,612 was first reached. Go long after a bullish price action reversal on the H1 timeframe following the next touch of $26,440, $26,102, or $25,826. Place the stop loss $100 below the local swing low. Adjust the stop loss to break even once the trade is $100 in profit by price. Remove 50% of the position as profit when the trade is $100 in profit by price and leave the remainder of the position to run. Short Trade Ideas Go short after a bearish price action reversal on ... (full story)
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- Posted: Sep 18, 2023 6:57am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 240
