Trade Setup Analysis

SHORT
Entry Price: 108,590 (limit on pullback)
Stop Loss: 108,840
Take Profit(s): TP1 108,200 · TP2 107,900 · TP3 107,500
Risk-to-Reward (RR): ~1.6:1 (TP1) · ~2.8:1 (TP2) · ~4.4:1 (TP3)
Asset: BTCUSD (3-min, Heikin Ashi)
Market Type: Crypto
Session (if visible): NY overlap

Rationale:

Structure: Clean intraday downtrend; price trades below fast & slow MAs with a sequence of lower highs/lows.

Smart Money / Flow: MTF Bias shows bearish 3/3; CVD deeply negative (strong sell) confirming dominant sell pressure; Vol Dominance favors sellers.

Momentum/Stats: WaveTrend sell, Z-Score & RSI oversold → expect reactive bounces; therefore prefer fade-the-bounce rather than chase lows.

Execution Logic: Enter on retest of the 108,560–108,650 supply/EMA pocket (fair-value gap fill from the impulsive drop). SL above the most recent LH/EMA cluster (108,840) to avoid noise.

Management: Reduce risk at TP1 (move SL to BE), scale at TP2, leave a runner to TP3 targeting the liquidity shelf below 107,600–107,500.

🔒 DISCLAIMER
This analysis is for educational purposes only and does not constitute financial advice. Trading involves risk. Always do your own research before making investment decisions.