A perfect short entry at daily trend line resistance.
Last 2 trading days shows very low volume and no brave shoppers around.
A breach is unlikely as second wave of Covid-19 is hitting the UK plus Brexit domino effect of isolation and tax change in the UK.
Position is a SHORT.
CFD contract 1 lot = 100 units.
Entry rate at 5,977£
Position size 10 lots = 1000 units.
Position value =5,977,000£.
Margin requirements = 1% from position value = 59,770£.
Free margin to stop out 1% = 59,770£.
Take profit = 5,800£
Spread 177 points.
EST profit 177,000£.