Short trade

41
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๐Ÿ“‰ Sell-side Trade โ€“ BTC/USD
๐Ÿ“… Date: Sunday, April 20, 2025
โฐ Time: 4:00 AM (NY Time) โ€“ London Session AM
๐Ÿ“Š Timeframes:

Structure: 4Hr
Entry: 15min

Trade Parameters:
Entry: 84700.0
Take Profit (TP): 84423.5 (โ€“0.33%)
Stop Loss (SL): 84756.5 (+0.07%)
Risk-Reward Ratio (RR): 4.89


Reason: RSI divergence on the 5min TF and after confirmation of lower high rejection within a 4Hr bearish structure seemed indicative of a sell-side trade. Bearish FVG on the 4Hr TF or imbalance to fill is my assumption for target.
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Trade closed: target reached
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Out of trade due to moving stop loss to early...
Note
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