Short

Coppert Up thrust after distribution 4HR?

By simple_don

Updated

G'day watching price action though 3.09 zone. The possibility that the breakout move 18 SEP could be a Wyckoff UTAD.

Trade active

holding. Stops 3.09.
Anticipate possible bounce/ consolidatoin of 3.0
Look for sell opportunity for breakdown <3.0

Note

a solid move down yesterday. I like those days
Will the move up corrective??????

Note

Retest of 3.0 appears to be complete.
Sell strength against LH

Trade active

Took profit - perhaps didnt have the nerve to hold though the re-test?
Have sold 2.95 against the high of the re-test.

Trade closed: stop reached

Shorted at 2.95 stop was hit at 3.00 overnight.
Is this a retest of breakdown or shake out before a thrust higher?

simple_don

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