FTSE 100 short – overextended linear regression

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    Christian Harris
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      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)

       

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