MESU3 Trade on Sep 8, 2023 09:39 from RodrigoBras: Tradervue User Stock Trades.

Risk/Stop Loss: -3.25 points
Target: 15 points (4.6R)
Realized: -3.25 points (-1R)
Unrealized Before being stopped: 3.25 points (1R)

Trade plan: "Inside the 4465-4470, if buyers can find acceptance and yesterday's low isn't broken, I am open to longs, targeting 4489 supply."

Confirmations: 3rd time bouncing from this demand; 4460 supply quickly invalidated; NQ is very strong; Strong buying on the way up and acceptance above 4460.

Mistakes: I don't believe I made any mistake, I was calm and I spotted strong buying on the tape and acceptance higher, followed the trend up, but a move down put me out.

Overall thoughts: Nice trap, not only putting out longs like me that had their stop under the consolidaiton period, but also destroying breakdown traders shorting the move down, noticing that I am guessing the direction, but miss timing it.