We have a classic "Higher Timeframe Bullish, Lower Timeframe Bearish" setup. The daily trend is up (from $65k), but the 1-hour is chopping.
The Confluence (The Perfect Storm):
1. HTF Bias: Bullish. We are holding above the 4-hour MA and the key psychological level of $67k. 2. The Trap: The move up to $68,300 earlier today was to sweep the highs. The move down now (or soon) will be to sweep the lows of $67,080 (from the 1H chart) and the $67,586 (from the 15m chart). 3. The FVG Overlap: · Chart 1 (1H) shows a massive support wall at $67,080. · Chart 3 (15m) shows an imbalance at $67,586. · Chart 4 (5m) shows a gap at $67,573.
The Sniper Playbook:
· Scale 1: Enter 25% at $67,586 (15m FVG). · Scale 2: Enter 75% at $67,080 (1H FVG) if it gets there. · Stop Loss: Tight invalidation below $66,950. · Target 1 (TP1): $68,311 (Recent High). · Target 2 (TP2): $68,800+ (Previous Day High).
Final Word: Patience is the edge. The levels are drawn. The liquidity is waiting. Do not react to the noise; react to the $67,586 tap.
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The Macro Outlook & Composite Trade
We have a classic "Higher Timeframe Bullish, Lower Timeframe Bearish" setup. The daily trend is up (from $65k), but the 1-hour is chopping.
The Confluence (The Perfect Storm):
1. HTF Bias: Bullish. We are holding above the 4-hour MA and the key psychological level of $67k.
2. The Trap: The move up to $68,300 earlier today was to sweep the highs. The move down now (or soon) will be to sweep the lows of $67,080 (from the 1H chart) and the $67,586 (from the 15m chart).
3. The FVG Overlap:
· Chart 1 (1H) shows a massive support wall at $67,080.
· Chart 3 (15m) shows an imbalance at $67,586.
· Chart 4 (5m) shows a gap at $67,573.
The Sniper Playbook:
· Scale 1: Enter 25% at $67,586 (15m FVG).
· Scale 2: Enter 75% at $67,080 (1H FVG) if it gets there.
· Stop Loss: Tight invalidation below $66,950.
· Target 1 (TP1): $68,311 (Recent High).
· Target 2 (TP2): $68,800+ (Previous Day High).
Final Word:
Patience is the edge. The levels are drawn. The liquidity is waiting. Do not react to the noise; react to the $67,586 tap.