🔴 SHORT $BTC – Liquidity Grab Confirmed
$BTC swept 72,800 highs → strong bearish displacement → sellers stepping in, continuation likely
📊 MARKET CONTEXT:
- H1: After strong bullish leg to ~72,800, $BTC failed to hold highs and is now forming lower highs (~72,400 → 72,000) → early bearish shift.
- M15: Clear rejection from 72,800 with strong bearish move down to ~71,600 → confirms supply zone holding.
- M5: Price broke below EMA50 and holding under it → short-term bearish control.
- Current price ~71,600 acting below previous support → now resistance (structure flip).
- Nearest liquidity:
• Buy-side: 71,900 – 72,200
• Sell-side: 71,200 → 70,800
---
🧠 TRADING PLAN:
- Sweep BTC took buy-side liquidity at 72,800 → failed breakout = trapped buyers.
- Displacement: Strong bearish impulse confirms seller dominance.
- ChoCH: M5/M15 structure flipped bearish after breaking 72,000.
- Pullback: Expect retrace into 71,800 – 72,000 (EMA50 + supply zone).
- Continuation: Rejection here → move toward 71,200 liquidity.
- Invalidation:
• Strong bullish close above 72,200 → setup invalid.
---
🎯 Entry: 71,800 – 72,000
⛔ SL: 72,400
🥇 TP1: 71,200
🥈 TP2: 70,800
🥉 TP3: 70,200
---
📢 Telegram: @tunvit1794
⚠️ NFA – DYOR