I see 3 ways it could get rejected, and capitulate. Option 4 is we bust through ALL THOSE lines and crap and create a new high. I'll be playing longs/shorts in the green/red boxes (favoring shorts) and coasting with those trades in the top zone of the orange triangle until something interesting happens. I'm going to reduce my position size and ratchet up SL to 50-75% in the profit zone. I'll add to my position and adjust leverage in the event of a position-favoring breakout.
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