Unsustainable open interest+leverage ratio+pin bar
24h left on that pin bar, an A-C wave into 55k's predictable IF .382 isn't enough.
Note
.382=57k by the wayNote
Latest finding: flattening OI. Price discovery may resume, trapping bears. Price discovery=greatest threat. 80%+ of supply being held by bullwhales is a terrible environment for bears.
Short@64150 with a 2% stoploss is a nice bias with great r/r still.
Note
Late update but for future readers: Nov 4 invalidated entire thing as DXY broke up and eoy tax off/window dress.
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