$BTCUSD Forex Signal: Wide Bearish Price Channel Continues BITCOIN
was not triggered, as there was no bearish price action when the resistance level identified at $27,316 was first reached.Long Trade Ideas
Go long after a bullish price action reversal on the H1 timeframe following the next touch of $26,687, $26,264, or $26,003.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 ride.Go short after a bearish price action reversal on the H1 timeframe following the next touch of $27,230 or $28,070.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 ride. The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a
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