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.
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.
Note
Trade active
Buy at arrow.
Fondera | Data-Driven Trading
💎 Free setups on my groupchat:
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🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: linktr.ee/Fondera
💎 Free setups on my groupchat:
t.me/fonderaio
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: linktr.ee/Fondera
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
💎 Free setups on my groupchat:
t.me/fonderaio
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: linktr.ee/Fondera
💎 Free setups on my groupchat:
t.me/fonderaio
🚀 Discover actionable strategies: x.com/fonderaio
🌐 Explore my journey: linktr.ee/Fondera
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.