📈 BTCUSD | 1H Long Opportunity | May 11, 2025
BTC just tapped into a Strong Low around the 79% Fibonacci retracement (~103,440) after a powerful bullish push. Now forming a potential long continuation setup toward the "Weak High" marked at 104,985.
🔍 KEY CONFLUENCES:
🔵 Strong Low at 103,440 = clear demand with displacement
🔁 Fib retracement zone: 61.8%–79.0% tapped perfectly
📈 High-Volume Bullish Candle = displacement confirmation
🎯 Targeting the "Weak High" = liquidity magnet
🔂 Expecting BOS (break of structure) above weak high for full validation
📊 Setup Specs:
Pair: BTCUSD
Timeframe: 1H
Entry: 104,100
SL: 103,440
TP: 104,985
RR: Approx. 1:1.25 (solid for continuation scalps)
💡 Smart Money Concepts Breakdown:
We’re playing the classic Strong Low → Weak High liquidity play. Retail might hesitate due to consolidation, but the market structure still favors bullish continuation. Watch for confirmation volume and quick reaction above the high.
📌 Chart Ninjas Reminder:
“Strong Lows are meant to hold. Weak Highs are meant to break. Trade the imbalance in between.”
BTC just tapped into a Strong Low around the 79% Fibonacci retracement (~103,440) after a powerful bullish push. Now forming a potential long continuation setup toward the "Weak High" marked at 104,985.
🔍 KEY CONFLUENCES:
🔵 Strong Low at 103,440 = clear demand with displacement
🔁 Fib retracement zone: 61.8%–79.0% tapped perfectly
📈 High-Volume Bullish Candle = displacement confirmation
🎯 Targeting the "Weak High" = liquidity magnet
🔂 Expecting BOS (break of structure) above weak high for full validation
📊 Setup Specs:
Pair: BTCUSD
Timeframe: 1H
Entry: 104,100
SL: 103,440
TP: 104,985
RR: Approx. 1:1.25 (solid for continuation scalps)
💡 Smart Money Concepts Breakdown:
We’re playing the classic Strong Low → Weak High liquidity play. Retail might hesitate due to consolidation, but the market structure still favors bullish continuation. Watch for confirmation volume and quick reaction above the high.
📌 Chart Ninjas Reminder:
“Strong Lows are meant to hold. Weak Highs are meant to break. Trade the imbalance in between.”
Trade closed: stop reached
📍 Trade Update:❌ Setup invalidated.
❌ Stop Loss (SL) triggered with minimal risk exposure. 🛡️
🧠 No stress — disciplined risk management keeps us in the game for the next A+ setup.
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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.
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.