Description
⋅ Bitcoin Positive reversal
H4 BTC bullish RSI - 80-40
Positive reversal - Price higher-RSI lower
A possible trade at 19500
Stop loss - 1 range below Signal bar - 19456
Target : 20400+(19500-19100)=20800
R:R - 3.5:1
Comment
⋅ Market now moved above Tanken Sen H4.
Comment
⋅ Market moved downside. The setup failed.
It was a countertrend idea.