Hey folks. I hope you are doing well. I got my eye on a small trade setup for Bitcoin (BTC) on the 4HR Chart. 

I got Entry Price at or near $19,168.00 in the Golden Pocket, using the FIB Retracement. I got Entry Price by pulling from bottom to the top of the wave.

Before I enter the trade. I would like to see a Hidden Bullish Divergence on the RSI.

My Stop Loss will be at or near $18,273 or a 4hr candle close below the 0.786 on the Fib Retracement.

If Price Action fails to create Hidden Bullish Divergence, I will not enter the trade, even though Price Action my bounce. But without Confirming a Divergence, the Risk/Reward doesn't add up and the trade not for me. There won't be enough conformations for me to enter the trade. I like to see at least Two Confirmations before Entering a trade. More Confirmations, the Higher the Probabilities are in your Favour.

I will Take Profits at or near $20525, and move my stop loss above entry to guarantee profits, and depending on price action, I may close the trade.

Note: This trade is for a short term play. Anywhere from a couple of hours to a couple of days.