Technical Breakdown
1. Left Side of Curve (Origin of the Move)
SMT & POI: The initial phase started with a Point of Interest (POI) and SMT (Smart Money Technique) divergence at the lows, signaling institutional accumulation.
Low Resistance Liquidity / Failure Swing: Late sellers were trapped here, creating a pool of relatively clean highs that acted as a magnet for the subsequent rally.
Sell Side Of Curve: The market engineered a deep curve downward to clear out retail stops before starting the actual markup phase.
2. Right Side of Curve (Distribution at Premium)
2HR Order Block: The yellow highlighted zone at the top ($64,500 – $65,500) has acted as a hard ceiling. Price is actively mitigating this order block, trapping breakout buyers.
Fair Value Gap (F.V.G): Down at $58,500 – $59,000, a major unmitigated daily/H4 FVG remains open, serving as the ultimate magnet for this bearish model.
3. The Bearish Projection & Targets
The black path line outlines the expected institutional delivery path:
First Stage: Rejection from the 2HR OB down through External Range Liquidity (~$63,000).
Second Stage: A minor bounce/retest of Range High (~$62,000) turning into resistance.
Expansion Down: A swift drop targeting the Lots Of Liquidity pool resting cleanly at $61,000, ultimately heading lower to fill the structural inefficiencies.
The Trading Plan
📉 Entry Zone: $64,500 – $65,000 (Inside the 2HR Order Block mitigation)
🛑 Stop Loss (Invalidation): Daily close above $65,600 (Above the 2HR OB highs)
🎯 Target 1 (External Range Liquidity): $63,000
🎯 Target 2 (Clean Liquidity Pool): $61,000
🎯 Target 3 (F.V.G Re-test): $59,000
Is the local top in for BTC? Tell me if you are shorting this H4 mitigation or looking for one more sweep of the highs first! Let's discuss below.
1. Left Side of Curve (Origin of the Move)
SMT & POI: The initial phase started with a Point of Interest (POI) and SMT (Smart Money Technique) divergence at the lows, signaling institutional accumulation.
Low Resistance Liquidity / Failure Swing: Late sellers were trapped here, creating a pool of relatively clean highs that acted as a magnet for the subsequent rally.
Sell Side Of Curve: The market engineered a deep curve downward to clear out retail stops before starting the actual markup phase.
2. Right Side of Curve (Distribution at Premium)
2HR Order Block: The yellow highlighted zone at the top ($64,500 – $65,500) has acted as a hard ceiling. Price is actively mitigating this order block, trapping breakout buyers.
Fair Value Gap (F.V.G): Down at $58,500 – $59,000, a major unmitigated daily/H4 FVG remains open, serving as the ultimate magnet for this bearish model.
3. The Bearish Projection & Targets
The black path line outlines the expected institutional delivery path:
First Stage: Rejection from the 2HR OB down through External Range Liquidity (~$63,000).
Second Stage: A minor bounce/retest of Range High (~$62,000) turning into resistance.
Expansion Down: A swift drop targeting the Lots Of Liquidity pool resting cleanly at $61,000, ultimately heading lower to fill the structural inefficiencies.
The Trading Plan
📉 Entry Zone: $64,500 – $65,000 (Inside the 2HR Order Block mitigation)
🛑 Stop Loss (Invalidation): Daily close above $65,600 (Above the 2HR OB highs)
🎯 Target 1 (External Range Liquidity): $63,000
🎯 Target 2 (Clean Liquidity Pool): $61,000
🎯 Target 3 (F.V.G Re-test): $59,000
Is the local top in for BTC? Tell me if you are shorting this H4 mitigation or looking for one more sweep of the highs first! Let's discuss below.
Daily Forex signals with High Accuracy
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🔗 Telegram Channel
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Technical and Fundamental analysis
Risk management tips to protect your capital
join now and Start profit
📩 DM On Telegram → @Prime_X_Trader
Related publications
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.
Daily Forex signals with High Accuracy
🔗 Telegram Channel
t.me/+dcHkAgLxphQ1NWFk
Technical and Fundamental analysis
Risk management tips to protect your capital
join now and Start profit
📩 DM On Telegram → @Prime_X_Trader
🔗 Telegram Channel
t.me/+dcHkAgLxphQ1NWFk
Technical and Fundamental analysis
Risk management tips to protect your capital
join now and Start profit
📩 DM On Telegram → @Prime_X_Trader
Related publications
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.
