Squeeze Candle at important level plus downwards momemtum
Potential Re-entry at breakout of 20SMA
Potential Re-entry at breakout of 20SMA
Note
SL moved to BE once price broke the 20SMATrade closed: stop reached
Note
Price is forming again what I would call a crowded trade (4H) with a much larger spike this time.Promixity to General Elections in UK makes this trade a bit tricky. Better to stay out for the moment.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.