View full page at cryptocraft.com

 

BTC/USD: Weakly Bullish Above $111,712

From dailyforex.com

My previous BTC/USD signal last Thursday may have produced a losing long trade from the initial rejection of $110,762. Long entry after a bullish price action reversal on the H1 timeframe following the next touch of $111,712, $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 ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis