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BTC/USD: Price Again Trying to Approach March Record
Go long after a bullish price action reversal on the H1 timeframe following the next touch of $68,906, $65,832, or $64,620. 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 run. Short Trade Ideas Go short after a bearish price action reversal on the H1 timeframe following the next touch of $70,625, $71,600, or $72,761. Put the stop loss $100 above the local swing high. Move the stop loss to break even once the trade is ... (full story)