A Noble Short: Hedging the Heights of GU as She Prepares to Fall

One finds oneself drawn to the lofty summit of 1.34, a 52-week pinnacle that, I daresay, reflects a certain overextension in the market’s exuberance on the 4HR. It is here that I shall take my position, hedging this delicate play with a secondary short entry at the princely figure of 1.35—though such heights are scarcely sustainable.

Indeed, the cruel mistress of gravity beckons, and I foresee her yielding to the inevitability of decline, retreating to her natural mean of 1.31848. This anticipated fall, mind you, shall not be swift; one envisages the journey taking no fewer than five days, yet no more than ten.

Should fortune favor the bold, one shall emerge triumphant from this wager, adorned with the spoils of a well-executed strategy.

Let us descend to the M15 realm, where we shall eagerly await our signal in thy red zone —be it an engulfing candle, a grand rejection wick, a Break of Structure (BOS), or the elusive Fair Value Gap (FVG). Each, in its own right, a harbinger of the anticipated shift.

When the market reveals her hand, only then shall we act, in calculated precision, to seize upon the opportunity presented.
Beyond Technical Analysis

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