source avatarTrader Steve

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$KORU has defended the same shelf four times in two months, and each visit shows less strength underneath than the one before. I'm bearish. But I'm not selling at current levels — I want the bounce into the unfilled gap overhead first. Price collapsed from the September high, stalled near the midpoint of that move, and has ground back up since. I read that bounce as delivery toward unfinished business above, not a reversal. What lines up: - The crash gap is still mostly unrepaired. - Its upper edge sits on two daily moving averages stacked. - The equal lows beneath have never been swept. Resting liquidity, not a floor. Four methods with different logic landed on the same zone. That agreement is the signal. On ICT: the gap is the magnet, the untouched lows are the target, and the last break in structure has not been reclaimed. Shorting down here is the worse version of the idea. Where I'm wrong: a daily close back above that gap and those averages ends the thesis, not stretches it. If price breaks this week's low first, the zone never fills and I drop it. Risk: a 3x Korea ETF decays in chop and an overnight gap can skip a stop. Global risk appetite is still firm. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.

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