FTSE 100 short – overextended linear regression
- This topic has 0 replies, 1 voice, and was last updated 2 months ago by
Christian Harris.
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Topic
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Christian Harris
Here’s a recent swing trade I closed on the FTSE 100.
- 1-day chart
- Linear Regression Channel was overextended
- Short position entered with a 1:1 risk reward ratio (risking 162 pips to make 162 pips)
- Stop loss placed at top of channel
- TP1 reached in 15 trading days (I also have extended TPs)
