BTCUSD Bearish Setup With SMC
Updated
as you it is shown in the chart , we've broken the low and closed below which increases the potential for more down movement , now we can wait for a retracement to the FVG 50% or 70%
Once we're into the 15M FVG , Don't trigger the sell button immediately , wait for a LTF market STRUCTURE on 5M or 1M TF and then you can sell with a proper risk management if you wish
From my perspective , i can see that BTCUSD is heading towards the DAILY FVG
Overall trend is bullish , we're just trading a minor retracement into daily FVG not for a long term trade
This is Not a Financial Advise , Just for Educational Purpose
If you're willing to trade it on your responsibility , use proper risk management
Good Luck Everyone
Regards
Once we're into the 15M FVG , Don't trigger the sell button immediately , wait for a LTF market STRUCTURE on 5M or 1M TF and then you can sell with a proper risk management if you wish
From my perspective , i can see that BTCUSD is heading towards the DAILY FVG
Overall trend is bullish , we're just trading a minor retracement into daily FVG not for a long term trade
This is Not a Financial Advise , Just for Educational Purpose
If you're willing to trade it on your responsibility , use proper risk management
Good Luck Everyone
Regards
Note
Update : Price have engineered a BSL which will force price to go up again and take the liquidity and then you can trigger a sell position if you wish with a proper risk management on your own responsibility
This is not a financial advice
Trade active
As you can see that we hit our TP1 and TP2 , i've secured my partial profits , waiting for TP3
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