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BTC/USD: Bullish Consolidation Maintained by Support Cluster Above $110k
Long entry after a bullish price action reversal on the H1 timeframe following the next touch of $111,332, $110,762, or $110,054. 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 bullish price action reversal on the H1 timeframe following the next touch of $113,679 or $115,440. Place the stop loss $100 above the local swing high. Adjust the stop loss to break even once the ... (full story)
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