channel trade 24th July

TVC:UKX   UK 100 Index
A steady move down the full width of my LR channel on Fri . low vol but not much stopping that progression downwards.

Not much of a spike this morn. The first 5min bar covered more than 20 points downwards so a break out would be difficult to trade.

Unless there's some news I don't know about we want to be buying back into the channel.


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