This idea can change after some days depending on BTC's move. So for now BTC is for long. FVG was disrespected, which means the trend is changing and we are not bearish anymore. Swing Low didn't take with a body which means BTC collecting liquidated money. From 4H FVG we can go for a long but Displacement is too long that`s why BTC may not go down too much that`s why SETUP 1 is also may work. If BTC comes to SETUP 2 I will also enter from there. Because around 30400 there is a lot of money which didn`t take so far.
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Setup 1 hit Stop loss let`s see what will happen with Setup 2
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Unfortunately, setup 2 is also hit stop loss