AVAXUSDT.P – High-Risk/Reward Short Setup | Smart Money Play (1H

📉 AVAXUSDT.P – High-Risk/Reward Short Setup | Smart Money Play (1H)
🔍 Trade Type: Short
🕐 Timeframe: 1-Hour (1H)
📊 Entry Trigger: Change of Character (CHoCH) after Equal Highs
🎯 Target: 20.298
🛑 Stop Loss: 25.573
💰 Risk/Reward Ratio: 9.79

📌 Trade Breakdown:
This AVAX short was taken based on Smart Money Concepts, using a combination of liquidity structures and market psychology:

✅ Key Confluences:
Equal Highs (EQL) formed above internal structure – clear inducement/liquidity pool.

CHoCH confirmed as price broke below a major internal low → bearish intent confirmed.

Retracement into Bearish Order Block in the Premium Zone offered an optimal entry.

Strong follow-through from institutional selling after liquidity grab.

🧠 Why I Took This Trade:
This setup offered a clean narrative:

Liquidity above = taken

Internal structure = broken

OB in premium = respected

Imbalance/fair value gap below = price magnet
This alignment made it a high-confluence short with an excellent R:R ratio.

🎯 Target Zone (20.298–20.953):
This area contains unmitigated demand and prior support. I anticipate price to:

Tap into this zone to rebalance price inefficiency

Potentially react from there (watch for reversal setups)

⚠️ What I'm Watching:
Possible reaction around 21.793 support – consider partial profits

Maintain awareness of higher timeframe trend (H4/D1)

Volume shift or bullish CHoCH may signal exit before TP