JULY 3RD, 2680, PART 21, EXECUTION DETAILED for FX_IDC:XAUUSD by Binary_Forecasting_Service

JULY 3RD, 2680, PART 21, EXECUTION DETAILED

FOR CHART ABOVE:
1) with new high 2371+, yellow route has 2310 floor
2) no new high (now favored 60/40) has 2295 floor
3) & won't fight this line again until late Monday
4) rest of this chart is current base case
5) zoom out to see 7/3 2680 target
6) meaning base case is 2310-2680 in 8 trading days
7) counting only from Sunday not Friday 2295 low
8) this chart is listed long but obvious STILL SHORT NEXT 12 HOURS

IN ANY OTHER CIRCUMSTANCE, IT'S ALREADY OVER BUT:
1) for this rally we are 5 days late for the low
2) we are one day into rallying zone but...
3) still has not bottomed
4) looks like "rallying zone" won't start until Sunday
5) but I'm really ok with that
6) why?
7) because THIS SETUP IS SOOO GOOD
8) once completed by end of tomorrow
9) trend engine says that we ONLY NEED TO JULY 3RD
10) to deliver 2680
11) those are not typos
12) in this scenario, SUN open 2310 WED night would be 2500

REQUIREMENTS:
1) price needs to top
2) and move to 2295 or 2310 by Friday AM
3) BUT MUST CLOSE FRIDAY 2310

Note

6/20, 10:19 PM ET
1) by London open in less than four hours...
2) it must be obvious that top is in and this is going down
3) or something else is happening
4) in that case, will get to it tomorrow if I have time

Note

10:43 PM ET 2358.xx and sliding
1) target is 2295
2) by 8:45 AM ET
3) with setup specific extension to 1:00 PM ET
4) meaning the dead line fro 2295 is 1:00 PM tomorrow
5) to keep target/date/route for July 3rd

Note

6) important markers for this drop are
7) 2352, 45, 37, 17, 08 and 2295

Note

11:18 PM, 59.xx and both these routes are dead
1) what this means
2) we will get a weaker correction
3) but while stronger short term it does not yield "perfect setup
4) so we are going have to deal with zig zag

Note

5) I wrote this post basically twice tonight
6) and killed it because of failure to hold trend to 2352
7) that's supposed to be the easy one

Note

11:51 PM ET SO ROUGH DRAFT LOOKS LIKE THIS:

Note

1) so "Batman top"
2) 3 steps down
3) floor 2320
4) closing 2330
5) Sunday open retest?
6) ZIG ZAG FOR 24 HOURS STRAIGHT
7) where it's same is Monday evening blast off
8) but WHAT DOES IT SAY ABOUT THE MOVE UP?
9) expected ceiling needs to drop to 2650 give or take
10) high move back to 7/5
12) more 2 -way vol
13) BUT OVERALL THE SAME unless you trade often

Note

THIS DRAFT HAS ENDED ,HERE IS 22:

JULY 5TH 2660, DRAFT 22, EXECUTION RE-DETAIL

Note

6/21, 10:43 AM, it is entry day or all in-day for me
a) it's' just when
b) so I think it's 2295
c) and we still have 3 hours for it to get there

Note

11:00 2295 by 1PM

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12:51 PM and bulls holding 2325, and usually for a situation like this:
1) it's low in
2) and we watch for mini double bottom and etry
3) I still haven't bought a thing today
4) replay chart at top
5) we are in this fuzzy area
6) I just want more clarity
7) bc it's not really obvious that its over
8) in which case route would be more like DRAFT 22

Note

9) its right above here and now it's hitting beat for beat
10) by my suspicion is that once you are at decisive point this morning
11) when I SAID ALL IN about didn't buy anything
12) that was a turning point
13) and if a breakout breaks down
14) usually, bears go for the deep floor
15) so it would be weird that bulls surrendered MASSIVE breakout scenario
16) but then bears let the bulls hold 2325 here
17) it's the way that it happens that make it seems wrong
18) it's not over
19) but we are at entry either late today or early Sunday
20) the look is easily recognizeable
21 BUT WE DON'T HAVE THAT YET

Note

6/21, 1:02 PM 23.xx yes it can drag past this time marker
22) but bears have actually go down bit by bit
23) if they don't, and it's completely sideways
24) and that's a turn and has to BOUNCE MODERATELY before bears can sell again
25) and the window of the run is getting tighter and tighter
26) there's not forever to do everything

Note

2:06 PM ET, 2317.XX the difference between drafts 21 and 22:
1) is basically above vs below 2310
2) we should find out soon

Note

2:42 PM ET, 2322.XX
1) LOOKS LIKE BOTTOM IS IN
2) AND I AM ESSENTIALLY ALL IN

Note

3) if you click on recent chart above
4) that's DRAFT 22
5) or click it below
6) PRICE IS NOW REFLECTING DRAFT 22:
7) am still editing

Note

3:10 PM ET TYPOS AND MISJUDGED THE TIME
8) had a couple of typos on the wrong page just now
9) first I misjudged the time I by an hour
10) while I still think low is in
11) I made that decision on 1 hour left not 2
12) that DOES matter, so be aware if you want to reposition for an hour

Note

4:37 PM, EARLY DRAFT FOF Mon and Tues
4) rest of way is similar to all recent profe.

Note

6/22, 12:00 AM, ELIMINATED BOTH 21 AND 22, HERE IS DRAFT 25:

JULY 5TH 2680, DRAFT 25, EXPLOSION COMING TUESDAY

Binary_Forecasting_Service

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