BTCUSDT – 4H Kijun Retest
Price Action & Analysis: BTC is currently hovering around the 4H Kijun level, which has acted as reliable support. We expect a continuation of the bullish momentum going into the weekend, anticipating a clean drive up as buyers step in.
Trade Idea (Long):
– Entry: Buy now at market.
– Risk: 1% of account.
– Reward: Target a 1:3 RRR (place stop-loss just below the 4H Kijun or last swing low).
– Watch out for any macro news that may trigger unexpected volatility. If price fails to hold above the Kijun, manage or exit the trade.
Price Action & Analysis: BTC is currently hovering around the 4H Kijun level, which has acted as reliable support. We expect a continuation of the bullish momentum going into the weekend, anticipating a clean drive up as buyers step in.
Trade Idea (Long):
– Entry: Buy now at market.
– Risk: 1% of account.
– Reward: Target a 1:3 RRR (place stop-loss just below the 4H Kijun or last swing low).
– Watch out for any macro news that may trigger unexpected volatility. If price fails to hold above the Kijun, manage or exit the trade.
Note
Note
Change of plan: prepping a short into that 1H FVG. Hold long with SL at BE!
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.