BTCUSD (3H, chart pattern).
clean bearish structure 👍
Here’s the straightforward target map based on what’s on my chart.
🎯 Targets (bearish continuation)
TP1: 87,900 – 88,000
→ Nearest liquidity + minor structure (price already reacting here)
TP2: 85,500 – 85,800
→ Equal lows + demand sweep zone (my marked “target point” area)
TP3 (extended): 83,800 – 84,200
→ Channel projection + higher-timeframe imbalance
🧠 Why these targets
Overall lower highs + lower lows
Price is below the descending trendline
Consolidation under resistance = bearish continuation
Ichimoku cloud above price → bearish bias stays valid
❌ Invalidation
Clean 3H close above 90,200 – 90,500
Break and hold above the descending trendline
🧭 Trade bias
Best plays: sell rallies
Avoid longing until trendline + structure break
If my want, tell me:
Entry price my eyeing
Scalp or swing.
clean bearish structure 👍
Here’s the straightforward target map based on what’s on my chart.
🎯 Targets (bearish continuation)
TP1: 87,900 – 88,000
→ Nearest liquidity + minor structure (price already reacting here)
TP2: 85,500 – 85,800
→ Equal lows + demand sweep zone (my marked “target point” area)
TP3 (extended): 83,800 – 84,200
→ Channel projection + higher-timeframe imbalance
🧠 Why these targets
Overall lower highs + lower lows
Price is below the descending trendline
Consolidation under resistance = bearish continuation
Ichimoku cloud above price → bearish bias stays valid
❌ Invalidation
Clean 3H close above 90,200 – 90,500
Break and hold above the descending trendline
🧭 Trade bias
Best plays: sell rallies
Avoid longing until trendline + structure break
If my want, tell me:
Entry price my eyeing
Scalp or swing.
Trade active
active active Trade closed: target reached
my given target has been successfully achieved Related publications
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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.
Related publications
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.
