RAC - Charts & Price Action, page-15837

Just a heads up I believe that is the US rule for was trades. Ours is a little different and not as black and white

for us you just need to be able to be able to show a good reason for selling and that it wasn't just for a tax benefit (and likely that it's not an anomaly to your usual trading pattern). Obviously the time between when you sold and rebought is a factor in this but I believe in the US is a very black and white 30 day rule

A good reason for selling I believe can be as simple as you think the price was going to go down and wanted to sell to buy back in lower (the tax benefit of realising a loss might just be secondary to this).

above is imo based on conversations I have had. I am not an accountant. Always best to talk to an expert before you do something that might hurt you financially