What is simple squeeze?

Simple squeeze refers to a trading strategy used in financial markets, particularly in Forex trading, where traders take advantage of a sudden spike in price movement. In simple squeeze, traders look for a significant gap or sudden upward movement in the price of a currency pair or economic asset and aim to make a profit by selling or buying the asset at the top of the price spike. The strategy is popular among day traders as it allows them to make quick gains within a short period. However, it requires traders to keep a close eye on the market and be able to react quickly to sudden movements in price. Simple squeeze is a risky trading strategy and traders should be cautious and use appropriate risk management techniques while using it.