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BTC/USD: Price Rises to New September High
Risk 0.50% per trade. Trades may only be entered prior to 5pm Tokyo time Thursday. Go long after a bullish price action reversal on the H1 timeframe following the next touch of $116,031, $114,962, or $114,684. 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 bullish price action reversal on the H1 timeframe following the next touch of $117,399 or $120,055. Put the stop loss $100 ... (full story)