BTCUSDT Trade LogBTCUSDT 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!