#iranrequirespermissiontotransithormuz — The market just shrugged at an ultimatum. 🛢️
💥Plan: sell the bounce into supply .
💥Entry: short into 85.80 – 86.20 (0.5–0.618 retrace of 86.57→84.85, overlapping broken support 86.0).
💥Avg fill ~86.05, SL 86.65 (just above the 86.57 swing high).
💥Targets: TP1 85.00 (support shelf 84.85–85.03), TP2 84.40 (Aug 13 low), TP3 83.80 (0.786 fib).
💥Risk 0.60 → reward 1.05 / 1.65 / 2.15 (R:R ~1.7 / 2.7 / 3.6).
Iran's Joint Military Command: "No vessel can safely transit Hormuz without our permission." Headline = war. Chart = peace.
Brent's answer? A fade from ~86.6 to ~85.0 — down on the most bullish headline imaginable. Why: the deal track is alive (Oman–Iran MOU framework finalized, US blockade lifts on implementation), a dozen ships are still switching barrels outside the strait, and Iran just turned the strait into a toll-booth negotiation — permission + maritime fees + sanctions relief.
#EthereumFoundationDropsPoseidonForL1 #US30YBondBidToCoverFallsTo2.39 #KOSPITops7000AtOpen #USJulyCPI&PPIDueThisWeek $CL $BZ $XAU
💥Plan: sell the bounce into supply .
💥Entry: short into 85.80 – 86.20 (0.5–0.618 retrace of 86.57→84.85, overlapping broken support 86.0).
💥Avg fill ~86.05, SL 86.65 (just above the 86.57 swing high).
💥Targets: TP1 85.00 (support shelf 84.85–85.03), TP2 84.40 (Aug 13 low), TP3 83.80 (0.786 fib).
💥Risk 0.60 → reward 1.05 / 1.65 / 2.15 (R:R ~1.7 / 2.7 / 3.6).
Iran's Joint Military Command: "No vessel can safely transit Hormuz without our permission." Headline = war. Chart = peace.
Brent's answer? A fade from ~86.6 to ~85.0 — down on the most bullish headline imaginable. Why: the deal track is alive (Oman–Iran MOU framework finalized, US blockade lifts on implementation), a dozen ships are still switching barrels outside the strait, and Iran just turned the strait into a toll-booth negotiation — permission + maritime fees + sanctions relief.
#EthereumFoundationDropsPoseidonForL1 #US30YBondBidToCoverFallsTo2.39 #KOSPITops7000AtOpen #USJulyCPI&PPIDueThisWeek $CL $BZ $XAU