Trade of The Week | Classic Structure Breakout Trade 🔥🔥🔥
Hey traders,
2 weeks ago NZDUSD broke and closed below key daily structure support.
We were patiently waiting for a retest of the broken structure to short the pair.
Retesting the broken level, the price formed a double top formation with equal highs on a 1h time frame.
We were waiting for its neckline breakout as our trigger to short.
After a breakout, we set our sell limit order on a retest.
Then the market dropped nicely giving us 65 pips of a pure profit.
Great Top-Down breakout trade!
Did you catch this move?
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Note
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.