BTCUSDT Trade Log
2024-12-14
Category: None

BTCUSDT 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!