-
BTC/USD: $55,724 Looks Pivotal Today
My previous BTC/USD signal on 5th September was not triggered, as there were no bullish bounces at key support levels when they were first reached. Go long after a bullish price action reversal on the H1 timeframe following the next touch of $55,724, $54,736, or $53,835. 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 ... (full story)