🧠 $TRUMP Confluence Explanation • SMC: Price is forming lower highs in a premium zone, signaling distribution after a liquidity grab above. • ICT: Classic buy-side liquidity sweep → reversal setup, with downside targets toward unfilled imbalance. • Elliott Wave: Likely end of Wave 5, now transitioning into an ABC correction (bearish phase).
📍 Entry Zone (Premium Liquidity Area) 👉 86.80 – 88.80 💡 Price is currently trading in a premium resistance zone with liquidity resting above recent highs.
🛑 Stop Loss 👉 90.20 ⚠️ Above equal highs → invalidation of bearish structure
🎯 Take Profit Targets
✔ TP1: 84.00 → Equilibrium fill ✔ TP2: 82.80 → Liquidity grab zone ✔ TP3: 80.50 → Demand Order Block ✔ TP4: 76.50 → Higher timeframe liquidity sweep
🎯 TAKE PROFIT TARGETS • TP1: 0.000625 → local liquidity grab • TP2: 0.000660 → major highs liquidity • TP3: 0.000700 → HTF expansion zone • TP4: 0.000750 → extended impulse / meme breakout potential
🧠 WHY THIS $BOME SETUP MAKES SENSE
🔹 SMC (Smart Money Concepts) - Sell-side liquidity already cleared at ~0.000585 - Strong reaction from demand order block - Early CHoCH suggests possible trend reversal in progress
🔹 ICT THEORY - Entry located in premium discount zone - Imbalance (FVG) likely to be filled toward 0.00066+ - Liquidity stacked above = magnet for price
🔹 ELLIOTT WAVE STRUCTURE - Possible completion of corrective Wave C - Early formation of impulsive Wave 1 → Wave 3 move
💰 TP1: 0.0645 → Local liquidity grab 💰 TP2: 0.0670 → Major liquidity pool 💰 TP3: 0.0700 → HTF resistance zone 💰 TP4: 0.0735 → Full impulse extension
🧠 WHY THIS $IN SETUP IS HIGH PROBABILITY
🔷 Smart Money Concept (SMC) • Sell-side liquidity already swept around 0.0600 • Bullish CHoCH confirms early market shift • Price holding above strong demand order block
⚡ ICT CONFLUENCE • Entry taken in discount zone • Clear imbalance left above (FVG fill potential) • Buy-side liquidity stacked overhead → magnet for price
📊 ELLIOTT WAVE STRUCTURE • Likely completion of corrective Wave C • Transition into Wave 1 → Wave 3 expansion phase 🚀
🔹 SMC Structure • Sell-side liquidity already taken below 0.00112 • Price reacting from demand order block • Early CHoCH = possible trend shift confirmation
⚡ ICT Perspective • Entry positioned in discount zone • Clear liquidity pools above price • Expecting FVG fill + expansion phase
📊 Elliott Wave View • Likely completion of corrective Wave C • Potential start of impulsive Wave 1 → Wave 3 move
📌 Liquidity Sweep Complete • Sell-side liquidity taken at ~0.505 • Market cleaned weak hands below key level
🔥 Structure Shift Confirmed (CHoCH) • Bullish CHoCH on lower timeframe • Momentum now shifting to buyers • Price holding strong above demand order block
⚡ ICT Perspective • Entry sitting in deep discount zone 📉 • Clear buy-side liquidity targets above • Imbalance/inefficiency likely to be filled → 0.528+ zone in focus
🌊 Elliott Wave Count • Potential Wave 2 completion • Early signs of Wave 3 expansion forming 🚀 • Correction (Wave C) likely already printed local bottom
✔ SMC Confluence • Price trading deep in the discount zone • Strong demand order block holding structure • Sell-side liquidity resting below → potential fuel for reversal
What we want to see before entry: • Sweep of buy-side liquidity (equal highs taken) • Strong bearish rejection (5m–15m timeframe) • Clear Market Structure Shift (MSS) ↓
🧠 Why this $PLUME setup makes sense (SMC / ICT view)
📌 Price is currently: • Trading in a premium zone • Targeting buy-side liquidity above equal highs • Sitting inside a potential bearish order block
👉 This aligns with a classic: “Liquidity raid → distribution → expansion down”
🌊 Market Story (Smart Money Flow) 1. Price pushes above equal highs 📈 2. Retail breakout buyers enter late 🧠 3. Liquidity gets harvested by smart money 💧 4. Sharp sell-off follows 📉
📊 Elliott Wave Perspective • Likely Wave C expansion into resistance • Typical exhaustion point before reversal • After completion → impulsive bearish leg expected
🔻 SMC / ICT Confluence • Price in premium zone • Buy-side liquidity likely to be swept • Bearish order block in play • Distribution → expansion downward
🌊 Elliott Wave Perspective • Possible Wave C completion • Expecting bearish continuation or range breakdown