$BTC 4H Trading Plan
$BTC has formed 2x 4H FVGs after the strong move up.
๐ง Wait for price to retrace into either 4H FVG
โ No chasing the pump.
๐ Once price enters the zone, drop to a lower timeframe
โ Watch the reaction and wait for bullish structure to form again.
๐ Only consider a trade after confirmation
โ For example, a higher low followed by a break of the short-term bearish structure.
๐ No confirmation = stay out
โ If the first FVG gives no setup, wait for the second one.
TL;DR:
4H FVG โ Retrace โ Lower-TF structure confirmation โ Then consider the trade.
No confirmation = no entry.
Personal opinions only. Not financial advice. Trade at your own risk. DYOR.
$BTC has formed 2x 4H FVGs after the strong move up.
๐ง Wait for price to retrace into either 4H FVG
โ No chasing the pump.
๐ Once price enters the zone, drop to a lower timeframe
โ Watch the reaction and wait for bullish structure to form again.
๐ Only consider a trade after confirmation
โ For example, a higher low followed by a break of the short-term bearish structure.
๐ No confirmation = stay out
โ If the first FVG gives no setup, wait for the second one.
TL;DR:
4H FVG โ Retrace โ Lower-TF structure confirmation โ Then consider the trade.
No confirmation = no entry.
Personal opinions only. Not financial advice. Trade at your own risk. DYOR.
