📉
BTCUSD 4H Analysis: Tapping the Bearish FVG — Liquidity Sweep Incoming!
The recent strong move up appears to have run its course, hitting a critical institutional point of interest.
The Setup: Rejection at the FVG
Price has aggressively tagged the 4-hour Bearish Fair Value Gap (FVG) and shown an immediate, sharp rejection. This zone, just under the $115,000 level, acts as our primary ceiling and a high-probability reversal area according to Smart Money Concepts (SMC)/ICT.
Key Observation: The candle wick into the FVG confirms that the institutional selling pressure is holding this range.
Bias & Targets
My bias is distinctly Bearish as long as the high of the FVG remains intact. We are now targeting liquidity below:
Intermediate Target (Initial Sweep): The first magnet is the Sell-Side Liquidity (SSL) marked around $113,106.96. This is a high-probability target to clear out the recent lows.
Confirmation Target (Range Low): A break below the SSL will confirm the continuation of the short-term downtrend, opening the path to the External Range Liquidity (ERL) at the range low, near $112,976.49.
Action Plan
Watch for a small retracement into the Bisi (Buy-Side Imbalance/Sell-Side Inefficiency) near $114,147.60 before the market commits to the next significant drop. The path of least resistance is now to the downside to sweep those stops!
Invalidation: A sustained break and close above the 4H FVG high.
What are your thoughts on this structure? Drop a comment below!
Greetings,
MrYounity
The recent strong move up appears to have run its course, hitting a critical institutional point of interest.
The Setup: Rejection at the FVG
Price has aggressively tagged the 4-hour Bearish Fair Value Gap (FVG) and shown an immediate, sharp rejection. This zone, just under the $115,000 level, acts as our primary ceiling and a high-probability reversal area according to Smart Money Concepts (SMC)/ICT.
Key Observation: The candle wick into the FVG confirms that the institutional selling pressure is holding this range.
Bias & Targets
My bias is distinctly Bearish as long as the high of the FVG remains intact. We are now targeting liquidity below:
Intermediate Target (Initial Sweep): The first magnet is the Sell-Side Liquidity (SSL) marked around $113,106.96. This is a high-probability target to clear out the recent lows.
Confirmation Target (Range Low): A break below the SSL will confirm the continuation of the short-term downtrend, opening the path to the External Range Liquidity (ERL) at the range low, near $112,976.49.
Action Plan
Watch for a small retracement into the Bisi (Buy-Side Imbalance/Sell-Side Inefficiency) near $114,147.60 before the market commits to the next significant drop. The path of least resistance is now to the downside to sweep those stops!
Invalidation: A sustained break and close above the 4H FVG high.
What are your thoughts on this structure? Drop a comment below!
Greetings,
MrYounity
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
