📉 Short idea on ETH from the SMC zone
An interesting structure has formed on the M15 chart for ETHUSDT:
🔍 What I see:
1️⃣ The price has taken liquidity from above (false breakout)
2️⃣ From this raid, an impulse downward occurred → an Order Block (OB) was formed
3️⃣ This OB has not yet been retested — it remains "clean"
4️⃣ The price is currently ranging under the OB and there is liquidity left below (~$2372) that has not yet been taken
💡 What I want to do:
📌 Plan — enter short from the OB on M15
🎯 Target — collect the lower liquidity.
But at the moment, I set RR 1:2.3, I will most likely pull it to 1:3 RR in the moment
🛡 Stop — above the high of the OB candle
⚠️ Entry only with a limit order, no chasing
📅 Considering: today is Saturday
Low liquidity
Sharp wicks or "quiet probing" are possible
I am working with reduced risks