__BigJo

$BTC 15M Outlook: Selling the Pullback Into Premium

Where is price coming from?
BTC broke structure to the downside on the 15M after a sharp sell-off from the 76,000 area. Both the external and internal structure are bearish.

Where is price now?
Price is around 74,100, sitting in discount of the latest bearish leg and just above the 15M low (about 73,620). Not a place to sell, I'd wait.

What liquidity has been taken?
Tokyo swept an internal high near 75,500, then sold off. London's bounce was rejected near 74,650.

Where is the liquidity now?
🔺 Above: London high (about 74,650), then the Asia high / internal buy-side liquidity (about 75,550), just under my POI (75,550–75,950).

🔻 Below: the 15M low / equal lows (about 73,620): sell-side liquidity.

What I'm expecting
A pullback that runs the London high, then sweeps the Asia high into my POI. That's where late buyers get trapped and sellers can step back in.

Entry plan
I'm not selling blindly at the POI. I want to see:

1. Price sweep the Asia high / internal buy-side liquidity into the POI

2. A 1M or 3M CHoCH down as confirmation

3. Entry on the FVG or order block left by that move

🎯 My Target (2RR): 15M low / sell-side liquidity (about 73,620–73,690)

What invalidates this idea

1. ❌ A 15M body close above the POI and the 15M high (about 76,255). That's a shift in structure to the upside.

2. ❌ No 1M/3M CHoCH down at the POI = no trade.

⚠️ If price sweeps the 73,620 lows first and makes a 15M CHoCH up, I'll reassess. The move up could turn into a real reversal, not just a pullback.$BTC