squeeze against resistance
break expecting squeeze to fire in trend direction
break expecting squeeze to fire in trend direction
Trade closed: stop reached
Note
upon reflection I would note that the momentum on the squeeze was not moving upward yet on the top chart although my set up was well placed against resistance next time I will wait for increasing momentum on the top wave before entering to avoid getting chopped up by a dragging market
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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.