MY short trade on CPI:LSE has paid me off handsomely this morning. The price gapped down at the open....and I was filled below my profit target level which gave me an added bonus. Gaps can work with you and against you and in this case it was in my favour. The original down channel pattern was violated and the price came within 2 pips of my stop level. However, my momentum indicators always appeared to "not be supporting the price action" and this has now proved to be the case.
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