Entry Day:
🟥 Sell-side Trade Log
📉 Pair: BTC/USDT
🏷️ Type: Intraday | Tokyo Session PM
🧠 Setup: Rejection from Supply Zone + FVG Target
📅 Date: Thursday, 22nd May 2025
🕘 Time: 9:00 PM
🔹 Entry Price: 111,675.68
🔹 Profit Target: 109,058.96 (+2.34%)
🔹 Stop Loss: 112,042.74 (-0.33%)
🔹 Risk-Reward Ratio: 7.13
🔍 Reasoning:
This sell-side trade was initiated after BTC reached a pivotal supply zone, with the price breaking previous highs, indicating a possible reversal. A clear Fair Value Gap (FVG) below provides a logical downside target, representing an unmitigated imbalance where price is likely to revisit. The entry aligned with Tokyo PM session volatility and was structured to capitalise on this inefficiency.
Overview 30min TF
Trade closed: target reached
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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.