#PredictNBAFinalsWin20000U Based on strategy (1H IRL/ERL + 5min FVG entry), here’s how to apply it to the GT/USDT chart:


$GT
Current context:

· GT is at 6.294 (-4.33%)
· 4H Bollinger lower band (LB) = 6.29 → price touching it
· SuperTrend = 6.76 (above price → bearish bias)
· MACD negative, RSI not shown but likely oversold

Step-by-step execution:

1. 1H IRL ⇄ ERL
· Identify the 1H internal range (IRL) = recent swing low to swing high inside the past 1–3 candles.
· Identify external range (ERL) = higher timeframe value (e.g., previous day’s high/low or 4H structure).
· You want price to trade from one to the other – here price is at 4H LB (external support), so ERL = low.
2. Wait for 5min FVG
· On 5min chart, look for a fair value gap (3 consecutive candles where the middle candle’s wicks leave an unfilled gap between high of candle 1 and low of candle 3).
· FVG should form after price touches/rejects the 1H ERL.
3. Entry
· Enter on a 5min bullish FVG near the 4H LB (6.29).
· Stop loss: just below the FVG low or below the 1H ERL.
· Target: 1H IRL (e.g., 6.63–6.90).
GT-4.17%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned