240 shows the 2L upmove with tapering at the top. It appeared 3L wasn't a possibility and I opted for a short off the DTL.
60 showed 2 sets of distribution at the 2 previous highs. The high I was entering had a nice probe of the DTL. 5 shows the vol climax followed by the pb to support. There was no demand so entry was taken on a supp brk.
The mkt didn't brk for another 2 hours. Fortunately the tests of the resist trap showed weakness. The drop commenced and after 2L I exited for +1R after the bull pin bar (circled). The bounce was shortlived as my tgt was reached just 20 mins later.
A look at the 60 as AU stands today shows the short looks unreal right off the highs. Rather than a 3 or 4R win I took just 1R - I grabbed at profits due to being affected by all my breakevens this week.
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