⚠️ Bull trap at $JTO : where to take the short?
While retail is ecstatic about green candles on lower timeframes, a large player is methodically preparing the ground for a dump.
On the higher timeframe (4h) and the hourly chart (1h), the structure looks solidly downward, keeping Order Flow priority exclusively in the sell zone.
A spike on 15m is nothing more than a liquidity sweep to collect the shorts’ stops.
Price has moved right up to a strong resistance zone and a traded bearish block.
🧠 Trading setup:
Entry Zone: 0.4420 – 0.4550 (build a short position when price returns to the premium range and after testing the formed bearish Order Block).
TP: 0.4000 (liquidity grab at key support levels and the lower boundary of the local range).
SL: Above 0.4650 (if price holds above the specified level, the bearish structure will be broken and the trading scenario will be invalidated).
👇
#jto #smartmoney #BinanceSquare
While retail is ecstatic about green candles on lower timeframes, a large player is methodically preparing the ground for a dump.
On the higher timeframe (4h) and the hourly chart (1h), the structure looks solidly downward, keeping Order Flow priority exclusively in the sell zone.
A spike on 15m is nothing more than a liquidity sweep to collect the shorts’ stops.
Price has moved right up to a strong resistance zone and a traded bearish block.
🧠 Trading setup:
Entry Zone: 0.4420 – 0.4550 (build a short position when price returns to the premium range and after testing the formed bearish Order Block).
TP: 0.4000 (liquidity grab at key support levels and the lower boundary of the local range).
SL: Above 0.4650 (if price holds above the specified level, the bearish structure will be broken and the trading scenario will be invalidated).
👇
#jto #smartmoney #BinanceSquare
