Pair: $ATOM /USDT
Timeframe: 15m
Bias: Long (Counter-trend Scalp)
Market Structure:
The macro trend (visible in the 30D/1Y stats) is heavily bearish (-26.84% / -53.91%). However, on the 15m intraday chart, price has established a short-term range after a significant drop. Price recently swept sell-side liquidity at the 1.359 low, creating a sharp rally to 1.418, followed by a retracement. We are currently forming a potential higher low (CHOCH) within a localized accumulation phase.
Entry Zone:
· 1.385 – 1.392 (Look for a 15m bullish rejection or FVG fill within this zone).
Stop Loss:
· 1.354 (Strict invalidation below the 1.359 swing low. This ensures we are protected in case the macro bearish momentum continues and sweeps the recent low).
Take Profit Targets:
· TP1: 1.418 (Recent swing high / Buy-side Liquidity)
· TP2: 1.435 (Next major structural resistance / Premium array of the previous leg down)
· TP3: 1.450 (Macro imbalance fill, if momentum continues)
Risk Reward: Approx 1:2.5 to 1:4 (Depending on exact entry fill)
Timeframe: 15m
Bias: Long (Counter-trend Scalp)
Market Structure:
The macro trend (visible in the 30D/1Y stats) is heavily bearish (-26.84% / -53.91%). However, on the 15m intraday chart, price has established a short-term range after a significant drop. Price recently swept sell-side liquidity at the 1.359 low, creating a sharp rally to 1.418, followed by a retracement. We are currently forming a potential higher low (CHOCH) within a localized accumulation phase.
Entry Zone:
· 1.385 – 1.392 (Look for a 15m bullish rejection or FVG fill within this zone).
Stop Loss:
· 1.354 (Strict invalidation below the 1.359 swing low. This ensures we are protected in case the macro bearish momentum continues and sweeps the recent low).
Take Profit Targets:
· TP1: 1.418 (Recent swing high / Buy-side Liquidity)
· TP2: 1.435 (Next major structural resistance / Premium array of the previous leg down)
· TP3: 1.450 (Macro imbalance fill, if momentum continues)
Risk Reward: Approx 1:2.5 to 1:4 (Depending on exact entry fill)
