BTCUSDT – Bullish Rebound Setup
Market Context: BTC is currently trading near a 4H Fair Value Gap, with multiple wicks indicating buyers are stepping in. The 4H Kijun and the FVG overlap provide a strong confluence area for a potential bounce. Despite recent bearish pressure, a range-bound environment suggests a bullish bias could play out if price holds above this support region.
Trade Idea (Long):
– Entry: Look to buy on a retest of the 4H FVG or once the 4H Kijun confirms support.
– Stop: Place just below the recent wicks or the lower boundary of the FVG.
– Risk: 1% of account (or per your risk plan).
– Target: Aim for a minimum of 1:2 RRR, targeting the next key structure high or daily supply zone.
Risk Management: If price decisively breaks below the FVG and invalidates the Kijun support, exit the trade and wait for another setup. Remain watchful of macro news as it can spark sudden volatility.