Short thesis

ShortDayWinOpened Jul 19, 2026 · 04:51 UTCResolved Jul 19, 2026 · 22:15 UTC

The call

DirectionShort

Entry$64,685.5

T1 · 15%$64,563.0

Target$64,110.5

STOP (original)$64,840.0

Outcome

T1 bookedJul 19, 2026 · 08:23 UTC

T1 exit$64,563.0

T1 leg P&L+$14.20

ResultWin · Breakeven stop (after T1)

Return on margin+0.14%

P&L+$14.20

P&L (BTC)+0.00022 BTC

Exit$64,685.5

Price moved-0.03%

Deepest adverse$64,761.8 (+0.12%)

Sized under

Account$10,000

Leverage5×

Notional$50,000

Liquidation$80,354.7

Price chart

Bybit · BTC/USD Inverse Perpetual

Reasoning

Daily VWAP at $64,690.3 was rejected: the closed 04:45 UTC 5m candle wicked to $64,710.7 and closed back below VWAP at $64,685.5, also rejecting the developing POC at $64,689.5. The short is corroborated by the CCV short bias, confirming-down 4h CVD, and positive funding; the confirming-up 5m delta into a failed push above VWAP suggests aggressive buying was absorbed, while flat 4h OI is not a veto. Entry is at the trigger close, with the stop buffered beyond its wick; T1 is developing VAL at $64,563 and T2 is the settled previous-day/naked POC at $64,110.5, giving approximately 3.72:1 R:R to T2.

Committed on the market snapshot from Jul 19, 2026 · 04:50 UTC