Long

RIGHT NOW #052 INCOMING TOP

By Binary_Forecasting_Service

Once this tops, we short 2535 target 2425. Let's top first.

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7) in chart above, that's your binary
8) THE BLUE LINE IS YOUR DEAL BREAKER
9) under blue line will void this draft

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10) FOR THE RECORD, RIGHT BEFORE I slept I posted:
>>> 5) And I don't have a clear route going up.
>>> 6) see a lot of stalling
>>> 7) I'm going back to bed
>>> 8) if somehow you see 2480, that's a buy
>>> 9) beside that I don't have any clarity right now
11) replay #050.. that's pretty much what happened:

12) only it didn't move to 80, but only 85
13) I didn't see anything worth staying up for
14) if I did see something important, I would've wrote more about it

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3) continuing in chart above, price is challenging this blue line too early
4) for this route to hold... and it's 2499.34 at 10:07 PM ET
5) this either reverses up STRONGLY NOW...
6) or it's going under

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10:23 PM ET
1) bears have a created an early break down pattern
2) that route is simple, which is drip to 2493
3) rug pull to 85 and extend to 74
4) but this top not getting to 2536 now... MAKES NO SENSE
5) there's no pattern I have where this run topped at 2510
6) so base case is ALL THE WAY UP
7) and back up up plan is:

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10:49 PM, 2499.XX
1) NOT TAKING RED ROUTE is really hard to understand
2) I am looking at options

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15) it is really ugly looking, but the stalling here at 2500 right now
16) 12:27 AM et 8/19, forces me to consider the worst case scenario
17) or the ugliest topping pattern ... and this would be it

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JUST POSTED #052, with bullish outcome favored

Binary_Forecasting_Service

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