Bitcoin - Reversal Strategy Long Setup

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Bitcoin - Reversal Strategy Long SetupMicro Bitcoin FuturesCME:MBT1!flukefluke_🍀Overview I'm not good at technical analysis, so I rely on setups rather than discretionary analysis. I put the rules together into a strategy so the decisions are more systematic. The setup has occured long before I developed the strategy. So I will describe the setup retrospectively and then continue to follow the trade until the strategy or I exit the position. 🍀Process Ticker: MBT1! Date: 06/02/2026 Timeframe: Daily Direction: Long Strategy: Reversal Strategy Strategy overview: Overview: A Reversal Strategy for Trading on the Daily Timeframe Chart: Please refer to the 2nd screenshot 2nd screenshot Signals Main signal: RSI crossed above 30, it is an RSI oversold exit, resulting a score of 0.5 Confirmation signal: NATR Oscillator value is 100, it is greater than 80, resulting a score of 0.5 Signal Scoring Long setup score = main signal score + confirmation signal score = 0.5 + 0.5 = 1.0 Long score threshold: 1.0 The long setup score was greater than or equal to the long threshold. The strategy then entered a long position by placing a bracket order. Risk Management Reward-to-risk ratio: 4:1 Entry: 71865 (the close of the setup candle) Stop distance: 20540 (approximately 4x daily ATR) Target distance: 82165 (approximately 16x daily ATR) Order Management: Bracket order Limit entry: 71865 Market stop: 53290 Limit target: 146180 Baseline Assume the worst has already happened: the stop loss has been reached. 🍀Outcome Trade execution The strategy executed the trade at open next trading day. Trade status Trading: active Stay lucky!🍀