Made up yesterdays loss plus a point. There were many opportunities this morning, but I only took two of the four setups available.
I passed on the second leg of the downward move, partially because I was not ready for it when it happened, although I had the area marked up. I did however take the 3rd leg down, due to the inside high that we have not yet tested so that made up for yesterdays counter trend loss.
I then saw a wedge ready to break, however I didn't like the time of day and didn't want to get caught up in a potential congestion area, so I decided to wait for confirmation. We broke out hard, and I took a break of new highs. I got lucky as my target was filled to the tick, which usually doesn't happen.
Above is the higher time frame, below is the execution level
Finishing the day at +2 pts, approx 2.5 hours after the bell.
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