Looking to fade a short after a strong end of year bull run of recent days.
Trade closed: stop reached:
Loss at -1%
Comment:
Stop was too tight, looking left at the market structure. Once price had seemingly hit some resistance around 1515.50 area this then was confirmed by the following candle closes, offering a better short set-up. Not taken due to the initial loss invalidating the set up. However points noted for future trades as confirmation for entry require refining.