Weekly analysis BTC with 4R trade idea

Last weeks’ trade has performed well and already moved ~15K points and still going on. Further to this week analysis, we expect good reversal trade from the zone of 89700 to 90385. Still we have ~11k points movement pending to reach to this level. Price would be showing weakness in sell side and reversal pattern. We should patiently wait for entry model and confirmation as price is in sell side.

1. 1D FVG and wick is creating strong cluster of their relevant CE levels.
2. We would see exaction in sell side movement and reversal pattern.
3. RSI will also show oversold or bearish divergence on HTF.
4. Most probably price will take liquidity of FVG and create MSS/CISD/TS/iFVG in LTF.
5. Price should show rejection/reversal in respective LTF (1H/15m) at FVG zone.
6. Take the trade only once clear 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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