Technical Breakdown
H1 Order Block (H1-OB): Price has mitigated a clear 1-hour bearish order block, which aligns with the structural RESISTANCE line.
Break of Structure (BOS): We have observed multiple "BOS" markers on the chart, indicating a shift in momentum. The most recent rejection at the H1-OB suggests the current bullish retracement is losing steam.
Trend Alignment: The overall narrative follows the "SMC" (Smart Money Concepts) logic, where the price seeks liquidity. The failure to break above the identified resistance suggests a "lower high" is being formed.
Price Action: The red dotted projection shows an expected path: a brief retest of the supply zone followed by a sharp impulsive move downward.
Trade Parameters
Entry Zone: Re-entry on a lower timeframe (LTF) confirmation within the H1-OB (approx. 80,700 - 80,800).
Stop Loss: Placed just above the recent swing high and the yellow RESISTANCE line to invalidate the bearish thesis.
Take Profit (Target): The primary liquidity draw is the TARGET zone marked at the previous swing lows (approx. 80,400 area).
H1 Order Block (H1-OB): Price has mitigated a clear 1-hour bearish order block, which aligns with the structural RESISTANCE line.
Break of Structure (BOS): We have observed multiple "BOS" markers on the chart, indicating a shift in momentum. The most recent rejection at the H1-OB suggests the current bullish retracement is losing steam.
Trend Alignment: The overall narrative follows the "SMC" (Smart Money Concepts) logic, where the price seeks liquidity. The failure to break above the identified resistance suggests a "lower high" is being formed.
Price Action: The red dotted projection shows an expected path: a brief retest of the supply zone followed by a sharp impulsive move downward.
Trade Parameters
Entry Zone: Re-entry on a lower timeframe (LTF) confirmation within the H1-OB (approx. 80,700 - 80,800).
Stop Loss: Placed just above the recent swing high and the yellow RESISTANCE line to invalidate the bearish thesis.
Take Profit (Target): The primary liquidity draw is the TARGET zone marked at the previous swing lows (approx. 80,400 area).
Trade closed: target reached
Full BTC target achieved with direct move 
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Join My Telegram Channel Free:
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Daily 500+ Pips Target
For more Charts and Signals Join:
t.me/+rpAk5p9v5NYwMGY0
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t.me/+rpAk5p9v5NYwMGY0
Daily 500+ Pips Target
For more Charts and Signals Join:
t.me/+rpAk5p9v5NYwMGY0
Contact: t.me/fx_martin07
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.