Analysis & Trade Plan:
On the higher time frame, BTC remains in a broader bullish structure but recently formed a consolidation range after printing new highs. During the last impulsive leg, we saw a break of structure that created a short-term low, followed by another high. This sequence has left unprotected liquidity sitting below the market.
Above price, we recently swept a prior high, triggering my Turtle Soup (TBS) criteria — a false breakout designed to trap breakout traders before reversing. This aligns with my Central Reference Theory (CRT) expectation of price reverting to internal liquidity before resuming a larger move.
My plan is to capitalize on the short-term liquidity grab by entering short only after confirmation of a re-entry into the CRT zone. I will use Fair Value Gaps (FVGs) as precision entry and target zones.
Execution Steps:
1. Trigger: Liquidity sweep above the recent high (Turtle Soup confirmation).
2. Entry: After price closes back inside CRT reference levels and taps into the nearest FVG on the lower time frame.
3. Stop Loss: Just above the liquidity sweep high.
4. Target 1: Short-term low created after the last break of structure.
5. Target 2: Deeper liquidity pool in the 92k zone, overlapping with higher-timeframe demand and an unmitigated FVG.
Risk Management:
• Position size based on a 1–2% risk allocation.
• Partial profits at Target 1 to reduce risk exposure and secure gains.
• Let remaining position run toward Target 2 if price continues into the deeper liquidity pool.
Market Logic:
• The recent high sweep is a liquidity trap that often signals the start of a short-term reversal.
• Unprotected lows below are magnets for price, especially when aligned with imbalance zones.
• This setup combines liquidity theory, market structure, and imbalance fills for a high-probability short-term play within a larger bullish context.
Crypto-specific:
#BTC #Bitcoin #BTCUSD #CryptoTrading #CryptoAnalysis
Strategy-specific:
#PriceAction #LiquidityHunt #OrderBlock #SmartMoneyConcepts #ICTTrading
General trading exposure:
#Trading #Forex #DayTrading #SwingTrading #TechnicalAnalysis
On the higher time frame, BTC remains in a broader bullish structure but recently formed a consolidation range after printing new highs. During the last impulsive leg, we saw a break of structure that created a short-term low, followed by another high. This sequence has left unprotected liquidity sitting below the market.
Above price, we recently swept a prior high, triggering my Turtle Soup (TBS) criteria — a false breakout designed to trap breakout traders before reversing. This aligns with my Central Reference Theory (CRT) expectation of price reverting to internal liquidity before resuming a larger move.
My plan is to capitalize on the short-term liquidity grab by entering short only after confirmation of a re-entry into the CRT zone. I will use Fair Value Gaps (FVGs) as precision entry and target zones.
Execution Steps:
1. Trigger: Liquidity sweep above the recent high (Turtle Soup confirmation).
2. Entry: After price closes back inside CRT reference levels and taps into the nearest FVG on the lower time frame.
3. Stop Loss: Just above the liquidity sweep high.
4. Target 1: Short-term low created after the last break of structure.
5. Target 2: Deeper liquidity pool in the 92k zone, overlapping with higher-timeframe demand and an unmitigated FVG.
Risk Management:
• Position size based on a 1–2% risk allocation.
• Partial profits at Target 1 to reduce risk exposure and secure gains.
• Let remaining position run toward Target 2 if price continues into the deeper liquidity pool.
Market Logic:
• The recent high sweep is a liquidity trap that often signals the start of a short-term reversal.
• Unprotected lows below are magnets for price, especially when aligned with imbalance zones.
• This setup combines liquidity theory, market structure, and imbalance fills for a high-probability short-term play within a larger bullish context.
Crypto-specific:
#BTC #Bitcoin #BTCUSD #CryptoTrading #CryptoAnalysis
Strategy-specific:
#PriceAction #LiquidityHunt #OrderBlock #SmartMoneyConcepts #ICTTrading
General trading exposure:
#Trading #Forex #DayTrading #SwingTrading #TechnicalAnalysis
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.
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.