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ΑνατιμητικήThey're calling this a bear trap, but the 4H chart tells a different story for $BTC /USDT.
$BTC - LONG
Trade Plan:
Entry: 67994.473929 – 68223.126071
SL: 67422.843573
TP1: 68794.756428
TP2: 69023.40857
TP3: 69480.712855
Why this setup?
Entry is armed with a tight stop. RSI is neutral, coiled for a move. The 1D bearish trend is the setup; the 4H long is the counter-punch. TP1 at 68.8K is the first test.
Debate:
Is this the reversal pivot, or just a dead cat bounce before the daily trend resumes?
Click here to Trade 👇️
$BTC - LONG
Trade Plan:
Entry: 67994.473929 – 68223.126071
SL: 67422.843573
TP1: 68794.756428
TP2: 69023.40857
TP3: 69480.712855
Why this setup?
Entry is armed with a tight stop. RSI is neutral, coiled for a move. The 1D bearish trend is the setup; the 4H long is the counter-punch. TP1 at 68.8K is the first test.
Debate:
Is this the reversal pivot, or just a dead cat bounce before the daily trend resumes?
Click here to Trade 👇️
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