GBPUSD. Spike Pattern

6 มิ.ย. 2017

Squeeze Candle at important level plus downwards momemtum
Potential Re-entry at breakout of 20SMA

7 มิ.ย. 2017

บันทึก

SL moved to BE once price broke the 20SMA

7 มิ.ย. 2017

ปิดการเทรด: ถึงเป้าหมายการตัดขาดทุน

7 มิ.ย. 2017

บันทึก

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.