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Some will call this scenario here a coin flip but i think we can get away with chasing price depending on the initial outcome of the volatility to come during NY
Primary factors to consider:
- Price has had 3 drives into resistance so next one either breaks or we get a flush towards lower values
- Friday, meaning heightened volatility with price seeking to form larger pivots in anticipation of a weekend range
This puts us in a "make or break" scenario which we can use to hopefully catch a larger move than usual