Looking at a short on the UK100 weekly. We have an outside bar towards the top of the Bollinger bands. Not quite as high as id like but still worth a trade. We could see a pull back to 7500 before we see more downside.
I'll be risking 1.5% due to the fact it doesn't hit all my trading criteria.
Entry at 7470
Stop at 7600
TP1 7200
TP2 7000
I'll be risking 1.5% due to the fact it doesn't hit all my trading criteria.
Entry at 7470
Stop at 7600
TP1 7200
TP2 7000
Trade active:
Trade active
Trade active:
TP1 hit at 7200