Trading Idea: Long Position on BTCUSDT
This chart illustrates a broad overview on long position on BTCUSDT (Weekly Set up)
Analysis:
• Market Structure: The overall market structure is bullish.
• Swing Structure: Market resisted at previous swing high. After the breakout, the market created a fair val-ue gap.
• Fair Value Gap: On a weekly time frame, market now retraced back to fair value gap and moving toward the previous swing high.