A Silly Loss on the FTSE

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I thought I said I’d be picky with setups?! What was this for then?

The screenshot shows where I was trading, a congestion area!!! I’m not actually sure why I went long, yes it bounced back for a bit but that looks more like a triangle for a continuation. I should have waited for a better confirmation e.g. a bullish signal where that big red candle on the 20ema is.

At least I had a stop set for a small loss.

Oh yes, this and the previous trade have screenshots from TD365 rather than IG.