BTC/USD Signals:
Risk 0.50% per trade.
Trades must be entered before 5pm Tokyo time, over the next 24-hour period only.
Short Trades
Go short after a bearish price action reversal on the H1 time frame following the next touch of $8,100 or $7,800.
Place the stop loss 1 pip above the local swing high.
Move the stop loss to break even once the trade is $200 in profit by price.
Remove 50% of the position as profit when the trade is $200 in profit by price and leave the remainder of the position to run.
Long Trade
Go long after a bullish price action reversal on the H1 time frame following the next touch of $7,758.
Place the stop loss 1 pip below the local swing low.
Move the stop loss to break even once the trade is $200 in profit by price.
Remove 50% of the position as profit when the trade is $200 in profit by price and leave the remainder of the position to run.