LIVE UPDATE: SETUP #8 — CANCELLATION TRIGGER ACTIVATED (100% CASH)
Out of the market / No position opened (0% risk)
The entry trigger ($725.00) did NOT activate.
The cancellation trigger activated (15M close below $718.00–$719.00).
Price action mechanics (What happened?):
The market maker met buyers with a dense limit order wall at $724.67 and sharply pushed the price down to $717.06 (3M).
An impulsive flush of “early longs” occurred.
15M: RSI(6) plunged into oversold territory (20.66), and MACD (-0.70) turned negative.
3M: We’re seeing a volume spike, with an initial buyback wick from $717.06.
STANDARD-BINANCE action plan:
Capital is completely safe. No losses. We don’t buy “falling knives” in the middle of a chop.
Shorts are BLOCKED. A large liquidity magnet remains overhead ($739–$750).
Waiting for one of these scenarios:
Option A:
A move down and formation of a buyback pattern in the fundamental zone of $708.00–$712.00.
Option B:
Re-formation of accumulation and a clean reclaim of the $725.00 level with volume.
Discipline protects your account. We’re staying in cash and watching! 🎯
Out of the market / No position opened (0% risk)
The entry trigger ($725.00) did NOT activate.
The cancellation trigger activated (15M close below $718.00–$719.00).
Price action mechanics (What happened?):
The market maker met buyers with a dense limit order wall at $724.67 and sharply pushed the price down to $717.06 (3M).
An impulsive flush of “early longs” occurred.
15M: RSI(6) plunged into oversold territory (20.66), and MACD (-0.70) turned negative.
3M: We’re seeing a volume spike, with an initial buyback wick from $717.06.
STANDARD-BINANCE action plan:
Capital is completely safe. No losses. We don’t buy “falling knives” in the middle of a chop.
Shorts are BLOCKED. A large liquidity magnet remains overhead ($739–$750).
Waiting for one of these scenarios:
Option A:
A move down and formation of a buyback pattern in the fundamental zone of $708.00–$712.00.
Option B:
Re-formation of accumulation and a clean reclaim of the $725.00 level with volume.
Discipline protects your account. We’re staying in cash and watching! 🎯