GBPUSD. Spike Pattern

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

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تعليق

SL moved to BE once price broke the 20SMA

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أغلقت الصفقة: تم الوصول لوقف الخسارة

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تعليق

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.