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BTC/USD: Bearish Breakdown Below Triangle Chart Pattern
Go long after a bullish price action reversal on the H1 timeframe following the next touch of $26,534, $25,986, or $25,826. Put the stop loss $100 below the local swing low. Move the stop loss to break even once the trade is $100 in profit by price. Take off 50% of the position as profit when the trade is $100 in profit by price and leave the remainder of the position to ride. Short Trade Ideas Go short after a bearish price action reversal on the H1 timeframe following the next touch of $26,981, $27,329, or $27,524. Put the stop loss $100 above the local swing high. Move the stop loss to break even once the trade is ... (full story)
