Bitcoin is currently showing a strong bullish structure after retesting the 1H Support and forming a clear Order Block (OB) and Fair Value Gap (FVG). Price is respecting the ascending channel, indicating a potential continuation towards the next 4H major resistance zone (120,400 – 120,800).
If price holds above the OB/FVG confluence area, we can expect a bullish push as liquidity builds toward higher levels.
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Trade Setup
📍 Entry Zone: 118,400 – 118,300 (OB/FVG area)
🎯 Target 1: 119,150
🎯 Target 2: 120,300 – 120,800 (major 4H resistance)
🛑 Stop Loss: 117,400 (below OB)
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🔑 Key Notes:
OB & FVG provide strong confluence for a bullish continuation.
If price fails to hold above 118,200, we may revisit lower support levels.
Manage risk and wait for proper confirmations before entering.
If price holds above the OB/FVG confluence area, we can expect a bullish push as liquidity builds toward higher levels.
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Trade Setup
📍 Entry Zone: 118,400 – 118,300 (OB/FVG area)
🎯 Target 1: 119,150
🎯 Target 2: 120,300 – 120,800 (major 4H resistance)
🛑 Stop Loss: 117,400 (below OB)
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🔑 Key Notes:
OB & FVG provide strong confluence for a bullish continuation.
If price fails to hold above 118,200, we may revisit lower support levels.
Manage risk and wait for proper confirmations before entering.
Trade active
sorry for late update but our trade is active market touch 118,100.0 level
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✅ Verified TradingView Contributor
📊 Focus: XAUUSD | Risk Management | ROI Strategies
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💼 FX & Gold Market Specialist | Trader & Mentor
✅ Verified TradingView Contributor
📊 Focus: XAUUSD | Risk Management | ROI Strategies
🔗 Telegram: t.me/+I3cp4J9F2PU4MmZk
✅ Verified TradingView Contributor
📊 Focus: XAUUSD | Risk Management | ROI Strategies
🔗 Telegram: t.me/+I3cp4J9F2PU4MmZk
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.