Forex Signal For BTC/USD: Triangle Pattern Hints at Breakout.

Forex Signal For BTC/USD: Triangle Pattern Hints at Breakout.   Forex Signal For BTC/USD: Triangle Pattern Hints at Breakout. The pair is likely to stay in this range in the near term, with a breakout in either direction later on.  

Bull Market Outlook

 

• Set a buy-stop at 63,500 and a take profit at 66,000.
• Add a stop-loss at 60,000.
• Timetable: 3 days.

 

Forex Signal For BTC/USD: Triangle Pattern Hints at Breakout.

 

Bear Market Outlook

 

• Set a sell-stop at 60,000 and a take profit at 58,000.
• Add a stop-loss at 63,500.

  /USD stayed in a tight range on Thursday morning as the market reflected on the recent Federal Reserve decision and its effects on risk assets. The pair is trading at 62,480, which it has seen for the past few days.