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BTC/USD: Narrowing Triangle Chart Pattern
My previous BTC/USD signal on 28th September was not triggered as there was no bearish price action when the resistance levels which I had identified were first reached. Go long after a bullish price action reversal on the H1 timeframe following the next touch of $26,839. 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 the H1 timeframe following ... (full story)
