Smart Money Concept | Intraday Trade | 1:2 RR
🔍 The setup:
Today I was watching for a short opportunity.
Price reached a key level and formed a bearish FVG — looked clean at first.
But I held off entering because I noticed RSI divergence — a red flag I always consider when expecting a potential level break.
💡 Why it matters:
RSI divergence often signals weakness in momentum.
For me, it's a key filter that helps avoid fake breaks — this was a good example of how I apply it.
📈 What happened next:
Price moved up to test the 1H FVG (zone #2) and formed another FVG slightly lower.
That second one was my entry point for the short.
🎯 Target:
I exited at a 1:2 risk-reward, which is my minimum.
The day was ending, and I didn’t want to hold the position longer — I’m not convinced the down move would continue cleanly (possible wicks or traps).
🤔 Question to the community:
How do you filter FVG entries?
Do you also use RSI or wait for structure shifts?
And what’s your outlook on BTC from here?
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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.
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.