Marioheard

Bull trap breakout smart money shorts onetotwentyRR

Corto
COINBASE:BTCUSD   Bitcoin
the beakout we have here is a new lower high on HTF a leg up to convince buyers to buy for a bulltrap. yep i said it a bull trap to get dumb money in the market to build more sell stops under the short term lows. this is a very valid set up for smart money sellers to short here in the high of the order block i have marked. if price breaks the proteccted high structure then my idea is invalid but until then this is now a sellers level back down into the previous monthly lows attacking sell side liquidity. thanks for watching

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