The reason for the loss may have to do with the way I drew the...

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    The reason for the loss may have to do with the way I drew the distribution box. It's been a really hard top to navigate. I've re-drawn it to allow for what just happened. I would have bought an upthrust rather than a breakout, hence the loss. In the second picture, there's also a diamond top pattern. Fairly rare, but that's definitely what it is (Bulkowski).

    https://hotcopper.com.au/data/attachments/6237/6237859-aeea6428393c9719e73a9411478fe48a.jpg

    Diamond top obvious on the 10m.

    Breakdown happens if the lower right border is broken.

    https://hotcopper.com.au/data/attachments/6237/6237875-dae42991d06ef187637c16528f5979d9.jpg

    At the moment, going long seems like it's not a good idea. Plenty of selling coming in.

    Last edited by float^: 11/06/24
 
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