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BTC/USD: Weakly Bullish Above $60,445
Long entry after a bullish price action reversal on the H1 timeframe following the next touch of $60,445, $59,401, or $58,145. 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 ride. Short Trade Ideas Short entry after a bearish price action reversal on the H1 timeframe following the next touch of $62,349, $63,153, or $63,613. Place the stop loss $100 above the local swing high. Adjust the stop loss to break even once ... (full story)