Bitcoin
Short
Updated

BTCUSD SMC Short | 70.5% Fib + OB Rejection Incoming?

129
BTCUSD | High Risk-Reward Setup at Key Supply Zone ๐Ÿ”ฅ

This Bitcoin setup is setting up for a potential clean short opportunity, right from a key Order Block zone confluenced with 61.8โ€“70.5% Fib retracement and a Strong High liquidity magnet above.

๐Ÿง  1. Why This Trade Setup is ๐Ÿ”ฅ
This BTCUSD chart shows Smart Money preparing a trap:

๐Ÿ”บ Impulse down โž forming market structure shift

๐Ÿ“‰ Retracement back to a refined OB (purple zone)

๐Ÿ“ Aligned perfectly with:

โœ… 61.8โ€“70.5% Fib retracement zone

โœ… Strong High = liquidity trap

โœ… Bearish engulfing rejection from supply zone

This is textbook SMC confluence. Price could sweep the high one more time, then tank hard.

๐Ÿ“Œ 2. Zone Breakdown
OB Entry Zone (purple): ~108,000 to 108,400

SL Above Strong High: ~109,000

TP at Weak Low: ~104,600

โœ… Entry around 108,000

โœ… RRR: ~1:5 ๐Ÿ‘‘

๐Ÿ“ˆ 3. Market Structure
HTF Bias: Bearish

LTF Structure: Retracing to premium zone

Expecting BOS downward if rejection confirms

โš™๏ธ 4. Trade Plan
Wait for price to tap 61.8โ€“70.5% zone

Look for M5/M15 bearish structure break

Enter on pullback to M15 OB

SL = Above the High

TP = Weak Low (104,630)

๐Ÿ›‘ 5. Risk Management Tips
Never enter blindly at 61.8%

Always wait for confirmation on LTF (M5/M15)

If price blows past 70.5%, let it go โ€” donโ€™t chase ๐Ÿง˜

๐Ÿง  Save this trade plan
๐Ÿ“ˆ Comment โ€œBTC SMC ENTRYโ€ if you caught this
๐Ÿ‘€ Follow for more Smart Money chart breakdowns

Trade active
๐Ÿ“ Trade Update:
๐Ÿ•น๏ธ Entered manually based on real-time confirmation!
โœ… Structure + momentum aligned = sniper entry executed.
๐Ÿง  Active management mode ON. Watching closely...

Trade closed: target reached
๐Ÿ“ Trade Update:
โœ… Clean sniper entry โ†’ Boom, TP hit! ๐Ÿ’ฅ
๐Ÿ’ฐ Profit banked. Textbook execution.
๐Ÿš€ Patience paid off โ€” next setup cooking!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.