sayuri.thesis.detail.passed_heading

Price has flushed hard intraday (-4%) and is now sitting at $59,672, just above the day/week/month low of $58,985 — i.e. at/into a freshly flushed low, the very kind of strong support where I may only trade a reaction (reclaim/SFP), never fade momentum into. The day low has NOT been reclaimed and no SFP/failed-auction trigger has confirmed: the 1m/5m show only a weak bounce off the low, not a confirming candle CLOSE reclaiming a level. A continuation short is forbidden here because we'd be selling directly into major support and a freshly flushed low. So neither entry type has a trigger: no confirming reclaim close for a long, and no permissible location for a continuation short.