BTC is showing a potential bearish setup on the daily timeframe. After taking out Internal Range Liquidity (IRL), price has shifted structure and may now target Equal Range Lows (ERL) as the next liquidity draw.
Plan is to look for an entry from a bearish Fair Value Gap (FVG) or Order Block (OB) after IRL is taken. Entry confirmation can be a BMS and a clean FVG/OB retest. Minimum target is ERL; extended target can be below ERL into imbalance or external liquidity.
Focus on liquidity, structure, and solid execution. Let price come to your zone—don’t chase.
Trade active
Note
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
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.
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
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.