VasilyTrader

TRADE OF THE WEEK | Classic Structure Trading💰

Short

Hey traders,

After a bearish breakout of 34.000 - 34.300 structure support,
I told you many times that it turned into a very strong resistance
and from that, you should look for opportunities to short.


The broken structure was retested 3 times,
and the market gave us very nice confirmations to short.



Yesterday, the price was retesting that structure again.
The index formed a tiny double top formation on 1H time frame,
broke its neckline and on a retest, a short position was opened.

Then the market dropped sharply.

Great winner and nice trade!

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