Short

RIGHT NOW #068 - GOING TO 2472, BUT NOT PRETTY

Picture a breakout, then picture a breakout getting forcefully hammered down. Add notes soon.

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12:36 AM, This move has a very particular setup in that - the powers that be - is sending gold from break out position into what is actually rug pull position.
1) exhibit A:

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Note

1) those 3 lines cross at 2504
2) 45-min into the drop under 2510
3) a bear move would be favored
4) BUT IF PRICE BREAKS ABOVE AGAIN...
5) I exit and WAIT IT OUT
6) bc the bull setup is gone now
7) but price can still zig zag for sometime
8) so:

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4) in chart above, the blue hi-lights are those most ..
5) reasonable vs all trend maps combined
6) with 2472 late Friday floor
7) HOWEVER, the max pain move for this scenario is 2456
8) FRIDAY AM, it's almost 2:00 no, so let's say 10:30 AM
9) that is 8.5-9 hours and why should that be?
10) bc you just moved from break out position to break down position
11) vo inherent in that scenario can deliver a deeper target AND EARLIER
12) that's it.... and the dashed line curving down
13) is the widest curve for this route
14) if price moves to its RIGHT
15) that's a deal breaker too

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16) but I would tighten it up like this:

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5:39, but that's medium-long average... so it should not take so long
1) bc the move to 2516 can't take ALL OF THURS AND FRI
2) accounting for short term vol it should look like this:

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Binary_Forecasting_Service

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