Son of If You Can Draw a Straight Line . . .

avoided the long at 91.75 because of the 50% just above...

so far a good decision...

 

1009 DL broken. Out

 

If you wait for that off a climactic low, you'll be very late.

 

Traders still very excited. And excitable.

1015 Rej of 83

1016 Long at 86.5

1019 Price has to get past 92 or chop

 

10:16 Yep, I was thinking about closing the short from 5.50 at 87, but then decided to let this congestion resolve.

 

1021 Hesitation

Real-time calls, my ass. The best one can do is point out what to look for.

 

Thanks for your comment according to the climactic low.

Do I see it right that the long was 88.5, which is your distance after the 10:14 bar in terms of the trigger?

 

10:23, At 50%
10:24 DL at risk

 

More or less. Traders are confused, so it's difficult

 

Failure at 92, brk of DL, out.

2 tiny losses, 1 half-assed profit. Caca pasa.

92 is now the 50%, but a short there isn't getting any traction. TDTDB.