🟠 BTC | PLAN FOR FRIDAY (02/10)
Perspective: I haven’t entered a trade. I prioritize waiting for the H4 structure to confirm a shift to bullish, then only look for a Long.
Why: Price has moved into a zone that hasn’t yet been fully filled by the H4 timeframe and is showing clear bullish reactions—many consecutive H4 candles push up from the bottom of the zone. Buying pressure is returning, but the structure hasn’t confirmed a reversal yet.
What I’m waiting for: The current H4 candle closes with its body above 85,600 → the structure reverses to bullish → then wait for price to pull back toward the area around 85,000 → and drop to a lower timeframe to look for trading models. Only if these conditions are met will I consider a Long.
When to cancel the plan: If the H4 candle only pokes above 85,600 with a wick and then closes back below, I won’t treat it as a signal and will keep waiting. If price closes its body below the bottom around 82,850, the Long plan is temporarily no longer valid.
Expectation: If everything goes according to the scenario, the old top area around 87,400 will be the next zone to monitor.
Notes:
Orange zone: H4 FVG (FVG.H4)
Level 85,600: MSS confirmation point on H4
Top 87,400: BSL, DOL target
This is my personal viewpoint, not investment advice.$GTC
$MAGMA
$BTC
Perspective: I haven’t entered a trade. I prioritize waiting for the H4 structure to confirm a shift to bullish, then only look for a Long.
Why: Price has moved into a zone that hasn’t yet been fully filled by the H4 timeframe and is showing clear bullish reactions—many consecutive H4 candles push up from the bottom of the zone. Buying pressure is returning, but the structure hasn’t confirmed a reversal yet.
What I’m waiting for: The current H4 candle closes with its body above 85,600 → the structure reverses to bullish → then wait for price to pull back toward the area around 85,000 → and drop to a lower timeframe to look for trading models. Only if these conditions are met will I consider a Long.
When to cancel the plan: If the H4 candle only pokes above 85,600 with a wick and then closes back below, I won’t treat it as a signal and will keep waiting. If price closes its body below the bottom around 82,850, the Long plan is temporarily no longer valid.
Expectation: If everything goes according to the scenario, the old top area around 87,400 will be the next zone to monitor.
Notes:
Orange zone: H4 FVG (FVG.H4)
Level 85,600: MSS confirmation point on H4
Top 87,400: BSL, DOL target
This is my personal viewpoint, not investment advice.$GTC
$MAGMA
$BTC