Signal! 📉
Coin: $ETH / USDT (Ethereum)
Direction: SHORT (Conditional Entry from 4H Order Block with Liquidity Sweep) 📉
Current Price: 2620.44 USDT
🎯 Entry Strategy (Tap 4H Order Block & Sweep Liquidity!):
This is a precise short entry strategy for ETH:
1. Wait for Tap into 4H Order Block: First, wait for the price to push up and tap into the 4H Order Block zone, which is indicated by the red entry box on the chart between 2651.78 - 2676.01 USDT.
2. Sweep Liquidity & Rejection: Observe closely for a wick that extends slightly above the order block (potentially even slightly above the Stop Loss at 2676.01 USDT) to "sweep" buy-side liquidity. After this sweep, wait for a strong bearish candle close back inside or below the order block on the 15-minute timeframe to confirm the rejection and initiate your short
.
Entry Price 2651.78 USDT as the reference entry point within the order block.
Targets (TPs) & Profit Percentages (Based on R:R):
* TP1 (1:1 R): 2627.55 🎯 (Profit: ~0.91%)
* TP2 (1:2 R): 2603.32 🎯 (Profit: ~1.83%)
* TP3 (1:3 R): 2579.09 🎯 (Profit: ~2.74%)
* TP4 (1:4 R): 2554.86 🎯 (Profit: ~3.65%)
* TP5 (1:5 R): 2530.63 📈 (Profit: ~4.57%)
Stop Loss (SL):
SL: 2676.01 ⛔️ (Placed above the 4H order block and potential liquidity sweep area)
Timeframe: 15m (for entry confirmation) with 4H confluence ⏱️
Reason: This strategy aims to enter a short position after the price taps into a significant higher-timeframe supply zone (4H Order Block), potentially sweeps inefficient liquidity above it, and then shows a clear rejection, confirming seller dominance.
DYOR! Not financial advice. Strict adherence to entry conditions is crucial for this type of setup! 🙏
#ETH #Ethereum #BinanceTurns8