Idea: Testing retracement expectation and strength. Expecting price to reach maximum levels before selling off.
Pros: Price is expected to become extremely unpredictable during the next sessions giving an opportunity for excellent p&l if the levels are high enough.
Cons: Its the UK election and price hysteria can exceed all expectation.
DISCLAIMER: Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
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Trade SL survived the retrace to 1.28137 before a further selloff. Profit to be taken at the next 1hr os.