BTC is developing ~4R down side trade

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BTC has done MSS on 4h time frame and showing rejection at 4H FVG after displacement. We can see a good downside trade once below FVG is mitigated and changed to iFVG. We need to wait for price getting into right zones.
1. Currently price is moving inside 4H FVG after displacement and showing rejection as well.
2. Price should break below FVG and retest.
3. There are several SIBIs which may be target for it and further buy side reversal trade.
4. RSI has already shown bearish divergence. Which support coming down move.
5. Most probably price will take liquidity of FVG and create MSS/CISD/TS/iFVG in LTF.
6. Price should show rejection/reversal in LTF (5m,1m) at FVG zone.
7. Take the trade only once clear any of the entry model i.e. turtle soup. iFVG break, CDS or MSS happens on LTF

All these combinations are signalling a high probability and ~4R trade scenario.

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Disclaimer – This analysis is just for education purpose not any trading suggestion. Please take the trade at your own risk and with the discussion with your financial advisor.

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