BTC USD Intraday Short - High Statistical Likelihood To $10,850

Based on our data a trade like this will work about 50% of the time. Wanted to post this as a reference for all of our students learning the LIS and how you can begin to identify and trade it.

Asset: BITMEX:XBTU19
Short from: 11632
Stop loss: 11870
Target: 10850
Risk/Reward: 3.28
Statistical Likelihood: 50%
Estimated Duration: 7 Hours

Location: Top end of range, wtihin KRZ, against previous market structure breakdown levels
Internals: 30M bearish divergence confirmed within Macd , 30M breakdown in OBV, W%R overbought and breaking down, 1HR bearish divergence confirmed. W%R stupidly overbought on 1HR.
Structure: 30M closeline breakdown. 30M high/low breakdown. 30M bearish fractal . I shorted the fractal .
Timing: within London Kill Zone

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