BTCUSDT Trade Log
2025-01-07
Category: None

BTCUSDT – 4H/1D Kijun Breakout 

 Price Action:  We’ve seen a triple tap on the Daily Kijun that marked strong resistance. The  breakout and daily close above on January 6th, 2025  confirms a bullish signal. Now, price is hovering around the 4H/D Kijun confluence, creating a favorable area to watch for a retest and potential bounce.

 Trade Idea (Long):  
– Enter on retest of the 4H/D Kijun if we see supportive wicks or bullish confirmation.
–  Risk:  1% of account.
–  Reward:  1:2 RRR target (take profit near key swing high or FVG fill).

 Macro News Watch:  This is a big macro news week. Stay alert for unexpected volatility that could invalidate the setup. If price closes back below the Kijun levels, be prepared to manage or exit the trade accordingly.