BTCUSDT Continuation Setup
Trade Idea:
- Target downside liquidity to approximately $98,500 with a short, followed by a high-confluence long entry in the 4H/Daily FVG.
Short Setup:
- Target: $98,500 to capture downside liquidity.
- Stop-loss: Tight stop above $101,500 to manage risk.
- Confluence:
- 4H OB rejection.
- Rising wedge breakdown aligning with bearish structure.
Long Setup:
- Entry Zone: Around $98,500, in the 4H/Daily FVG for a discounted entry.
- Target:
- TP1 at $101,500.
- TP2 at $104,000, targeting liquidity above the weak high.
- Confluence:
- 4H and daily Kijun support.
- Strong reaction potential after liquidity grab at $98,500.
Quick Take:
This strategy aims to capture both short-term downside liquidity and the subsequent bullish continuation. Ensure confirmation on both sides for precise execution!
Trade Idea:
- Target downside liquidity to approximately $98,500 with a short, followed by a high-confluence long entry in the 4H/Daily FVG.
Short Setup:
- Target: $98,500 to capture downside liquidity.
- Stop-loss: Tight stop above $101,500 to manage risk.
- Confluence:
- 4H OB rejection.
- Rising wedge breakdown aligning with bearish structure.
Long Setup:
- Entry Zone: Around $98,500, in the 4H/Daily FVG for a discounted entry.
- Target:
- TP1 at $101,500.
- TP2 at $104,000, targeting liquidity above the weak high.
- Confluence:
- 4H and daily Kijun support.
- Strong reaction potential after liquidity grab at $98,500.
Quick Take:
This strategy aims to capture both short-term downside liquidity and the subsequent bullish continuation. Ensure confirmation on both sides for precise execution!
Note
It hit but I never took the trade lmao
Fondera | Data-Driven Trading Excellence
💰Watch me trade live: youtube.com/@Fonderaio
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: fondera.io
💰Watch me trade live: youtube.com/@Fonderaio
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: fondera.io
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Fondera | Data-Driven Trading Excellence
💰Watch me trade live: youtube.com/@Fonderaio
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: fondera.io
💰Watch me trade live: youtube.com/@Fonderaio
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: fondera.io
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.