Technical analysis by tienbmdev97 about Symbol BTC: Sell recommendation (6/14/2025)

✅ Trading Plan Review (Chart Image You Provided)🧠 Setup SummaryType: Short EntryConcept: Trap + SFP (Swing Failure Pattern) at a Key Supply LevelVolume Reaction: Confirmed by high-volume candle (likely from session open)Entry Point: After price sweeps previous high and sharply rejects (fake breakout)SL (Stop Loss): Placed above the swing high / trap wickTP (Take Profit): Risk:Reward approx. 1:3, but not visually tagged on structure📌 Evaluation Based on Trading Rules✅ 1. Market Structure (MS)❓Missing: You did not clarify higher-timeframe MS (H1/H4/D1).Rule: Always analyze Market Structure from top-down (D1 → H4 → M15) to confirm if you're trading with the trend or taking a reversal.✅ Fix Suggestion: Mark clear swing high/low breaks to confirm bearish structure before entering short.✅ 2. Trap/SFP Logic🟢 Your setup shows a clear SFP: price swept liquidity above a prior high, formed a long wick, then closed back inside → classic trap.Rule: Entry must follow a visible trap. The trap defines your SL level. Find SL first, then define the entry.✅ 3. Volume Confirmation🟢 You entered after a strong volume spike. This is ideal when:Price is at a key levelVolume surge occurs during active session (Asia, London, or NY)Rule: Each trading session usually gives one key volume candle — use it for confirmation.✅ 4. Risk Management✅ SL placement is precise (above the trap wick) — this is a valid structural SL, not a random buffer.Rule: SL must be based on price structure or trap logic, not on fixed pips.⚠️ Areas for ImprovementIssueSuggestion🔸 No bias from Daily chartAnalyze D1 candles (e.g. Engulfing / Inside Bar / 3-bar reversal) to define trend bias🔸 TP level unclearDefine exit by structure (e.g. next swing low, demand zone), not just a fixed R-multiple🔸 No session infoAlways specify which session (Asia, London, NY) to confirm volume context📋 Clean Checklist for Each TradeRead Daily Chart (D1)🔹 Candle pattern? (Engulfing / Inside Bar / 3-bar reversal)🔹 Where is price? At resistance/support?Market Structure (H1/M15)🔹 Is structure bullish or bearish?🔹 Are you trading with or against the structure?Trap / SFP🔹 Is there a clean liquidity sweep?🔹 Did price fake out and return?Volume Confirmation🔹 Is there a session-volume candle?🔹 Does volume confirm the trap?Entry / SL / TP✅ Entry after trap wick closes✅ SL above/below wick✅ TP at next support/resistance level or structure swing✅ ConclusionYour trade is well-timed, with a clean trap and good volume confirmation.To improve and fully align with a structured trading approach:Include higher-timeframe bias (via Daily and MS)Define your TP structurally (not just with R)Specify session for volume context