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$BTC #BitcoinRalliesOver5Percent
Based on (BTC/USDT, with multi timeframe), here’s how your Simplest Strategy would be applied step‑by‑step
1) 1H IRL ♻️ ERL (Internal Range Liquidity → External Range Liquidity)
On the 1‑hour timeframe:
· Look for price sweeping internal range liquidity (equal highs/lows or order blocks within the current range) first.
· Then a displacement toward external range liquidity (previous 1H high/low beyond the current range).
From your data:
· The 1D chart annotations show a high near 73,843.1 (external high) and a low near 59,129.2 (external low).
· On the 1H, price is currently ~63,443.
· If price recently swept a lower internal high/low (e.g., 62,334.3) and is now moving toward 64,231.7 (24h high) or higher, that fits the ♻️ IRL → ERL pattern.
Action: Wait for the 1H candle to close after sweeping external liquidity do not enter immediately.
2) 5Min FVG (Fair Value Gap)
After the 1H ERL sweep:
· Switch to 5‑minute chart (“5m” tab).
· Look for an FVG – three consecutive 5m candles where the middle candle’s wicks leave an unfilled price gap between the first and third candle’s bodies.
On the 5m candles show a tight Bollinger band (UB:63,529.9 / MB:63,258.3 / LB:62,986.7).
Scan for a visible gap area (e.g., between 62,983.0 and 62,627.3 or near 63,338.7 – 62,983.0).
3) Entry
· Enter limit order inside the 5m FVG after price retraces into it.
· Stop loss: Just beyond the opposite side of the FVG (or below the 5m structure low if aggressive).
· Take profit: Next external liquidity level (e.g., 64,231.7 → then 73,843.1 for long).
(if long):
1. 1H sweeps 62,334.3 (IRL) then breaks above 64,231.7 (ERL).
2. Price pulls back into a 5m FVG between 63,338 – 63,429.
3. Enter long in that zone. Stop below 63,338.
· The 1H chart (first image) shows Bollinger MB at 61,746.4 and SAR at 61,590.9 – these could act as IRL pools.
· The 5m chart (second image) has MACD turning positive (DIF above DEA) and a tight range – waiting for a clear FVG is essential.