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BTC/USD: Is the Breakout Valid
Long entry between $107,250 and $108,089, the lower and upper bands of its horizontal support zone. Place your stop-loss level at $200 below your entry level. Adjust the stop-loss to break even once the trade is $500 in profit. Take off 50% of the position as profit when the price reaches $500 in profit and leave the remainder of the position to run. Short Trade Idea Short entry if price action breaks down below $106,750, $500 below the lower band of its horizontal support zone. Place your stop-loss level $200 above your entry level. Adjust the stop-loss to break even once the trade is $500 in profit. Take off 50% of ... (full story)
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