Bitcoin / Japanese Yen
Short
Updated

BTCJPY Bearish Channel Setup – OB Rejection to Weak Low Sweep

75
🧠 Bitcoin vs Yen (BTCJPY) | 30M Smart Money Breakdown

BTCJPY is painting the same story we’ve seen before: liquidity builds → OB rejection → channel continuation → weak low sweep. This is how the markets bleed slow then drop fast. Let’s break it down.

🧱 1. Bearish Channel Structure
We’re inside a clear descending channel, where price:

Forms consistent lower highs (supply zones)

Prints lower lows (liquidity grabs)

Shows rejections at channel tops = perfect confluence

This structure supports a continuation downward move.

🧊 2. Order Block + Supply Rejection
Price recently tapped into a clean Bearish Order Block (OB) within the premium zone just under 15.5M.

OB was respected with a sharp reaction

Immediate sell pressure confirms Smart Money entry

Red zone = OB + supply + channel midline

No candle closes above OB = bias confirmed bearish.

🧲 3. Smart Money Flow vs Retail
Retail likely went long on the mini bounce.
Smart Money waited for:

Price to tap into the OB

Retail to stack longs

Opportunity to fill imbalance and dump

This gives us an ideal Sell-to-Buy-to-Sell structure forming.

🕯️ 4. Projected Move: Weak Low Sweep
🧨 Target = 14,831,148
Why?

That’s a marked Weak Low

It aligns with channel support

It’s a known liquidity magnet

Expect acceleration into this zone.

⚔️ 5. Trade Plan (Short Setup)
📍 Entry Zone: 15.315M – 15.33M
🔐 Stop Loss: Above OB → ~15.50M
🎯 Targets:

TP1: 15.200M

TP2: 15.000M

TP3: 14.831M

⚖️ RRR: ~1:4+ depending on execution precision

🧠 Summary:
This chart screams:

“Trap the liquidity, respect the OB, ride the channel.”

These setups repeat. Same pattern, different chart, every week.

📣 Engage Call:
💬 Comment “BTCJPY SHORT SNIPER” if you caught this one
👥 Tag your trading partner – don’t let them miss this play
🔄 Save this chart to study the OB entry mechanics

Trade closed: stop reached
📍 Trade Update:
✅ Setup played out but momentum faded halfway.
✅ SL moved to entry = Breakeven secured! 🔐
🔥 Capital preserved, sniper mode reloaded for the next strike!

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