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BTC/USD: Gains are Nothing Special

From dailyforex.com

My previous BTC/USD signal on 7th April produced a losing short trade from the bearish reversal at the resistance level of $79,599. Risk 0.50% per trade. Trades may only be taken before 5pm Tokyo time Friday. Long Trade Ideas Long entry after a bullish price action reversal on the H1 timeframe following the next touch of $81,203, $78,079, or $74,725. 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 ... (full story)

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  • Category: Technical Analysis