BTCUSD | High Risk-Reward Setup at Key Supply Zone ๐ฅ
This Bitcoin setup is setting up for a potential clean short opportunity, right from a key Order Block zone confluenced with 61.8โ70.5% Fib retracement and a Strong High liquidity magnet above.
๐ง 1. Why This Trade Setup is ๐ฅ
This BTCUSD chart shows Smart Money preparing a trap:
๐บ Impulse down โ forming market structure shift
๐ Retracement back to a refined OB (purple zone)
๐ Aligned perfectly with:
โ 61.8โ70.5% Fib retracement zone
โ Strong High = liquidity trap
โ Bearish engulfing rejection from supply zone
This is textbook SMC confluence. Price could sweep the high one more time, then tank hard.
๐ 2. Zone Breakdown
OB Entry Zone (purple): ~108,000 to 108,400
SL Above Strong High: ~109,000
TP at Weak Low: ~104,600
โ Entry around 108,000
โ RRR: ~1:5 ๐
๐ 3. Market Structure
HTF Bias: Bearish
LTF Structure: Retracing to premium zone
Expecting BOS downward if rejection confirms
โ๏ธ 4. Trade Plan
Wait for price to tap 61.8โ70.5% zone
Look for M5/M15 bearish structure break
Enter on pullback to M15 OB
SL = Above the High
TP = Weak Low (104,630)
๐ 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 donโt chase ๐ง
๐ง Save this trade plan
๐ Comment โBTC SMC ENTRYโ if you caught this
๐ Follow for more Smart Money chart breakdowns
This Bitcoin setup is setting up for a potential clean short opportunity, right from a key Order Block zone confluenced with 61.8โ70.5% Fib retracement and a Strong High liquidity magnet above.
๐ง 1. Why This Trade Setup is ๐ฅ
This BTCUSD chart shows Smart Money preparing a trap:
๐บ Impulse down โ forming market structure shift
๐ Retracement back to a refined OB (purple zone)
๐ Aligned perfectly with:
โ 61.8โ70.5% Fib retracement zone
โ Strong High = liquidity trap
โ Bearish engulfing rejection from supply zone
This is textbook SMC confluence. Price could sweep the high one more time, then tank hard.
๐ 2. Zone Breakdown
OB Entry Zone (purple): ~108,000 to 108,400
SL Above Strong High: ~109,000
TP at Weak Low: ~104,600
โ Entry around 108,000
โ RRR: ~1:5 ๐
๐ 3. Market Structure
HTF Bias: Bearish
LTF Structure: Retracing to premium zone
Expecting BOS downward if rejection confirms
โ๏ธ 4. Trade Plan
Wait for price to tap 61.8โ70.5% zone
Look for M5/M15 bearish structure break
Enter on pullback to M15 OB
SL = Above the High
TP = Weak Low (104,630)
๐ 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 donโt chase ๐ง
๐ง Save this trade plan
๐ Comment โBTC SMC ENTRYโ if you caught this
๐ Follow for more Smart Money chart breakdowns
Trade active
๐ Trade Update:๐น๏ธ Entered manually based on real-time confirmation!
โ Structure + momentum aligned = sniper entry executed.
๐ง Active management mode ON. Watching closely...
Trade closed: target reached
๐ Trade Update:โ Clean sniper entry โ Boom, TP hit! ๐ฅ
๐ฐ Profit banked. Textbook execution.
๐ 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.
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.