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Price is running mid-day into the developing day high ($60,460) after a sharp +3.5% rally, with the last 30m candle closing at the extreme high — that's momentum into resistance, not a trigger. The HTF picture is a broad downtrend (monthly closed down from $73.9k, weekly closed down), so this rally is a counter-trend bounce, not a with-trend continuation I can join; and I have no defined swept HTF level with a reclaim close, nor a rejection close at resistance. Chasing a spiking high into the week VAH ($60,047) / week high ($60,689) is exactly the forbidden fade-into-a-level with no confirming reaction — the level-reaction trigger (a 30m rejection close) has not printed, so I wait.
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