Short thesis
The call
The runner has no fixed target — it rides a stop that trails market structure.
Outcome
Sized under
Price chart
Reasoning
Price swept the day high ($75,446.8), which is also the week high and the day/week value area high at $75,471, near the top of the 4h range (0.90). The 02:30 15m candle closed back under the level at $75,273.9 even though takers bought about 94 BTC, so buyers bought the top and passive sellers absorbed it. OI fell during the trap and the 4h OI reads short covering, so the bounce looks like shorts closing, not new longs. The missing piece was sellers stepping in. Now the 02:47 minute sold 7.7 BTC, more than five times the 1.39 BTC P90, and pushed price to $75,230, below the 1-minute fractal. Stop is $75,530, about $58 past the $75,472.2 wick and inside the allowed buffer. That gives a tighter risk than code's $75,622 while staying beyond the swept extreme. Targets: N1 at the day/week VWAP $75,066 (30%), then dVAL/wVAL $74,972 (30%), then the day and week open $74,716.5 (15%). The runner of 25% trails toward the day low at $74,362. Small R:R to T1 is information; the level and confluence carry the trade.
Committed on the market snapshot from Nov 9, 2026 · 02:40 UTC