Hey traders,
Here is a great confirmation top-down trade that I caught on GBPNZD this week.
Being very bearish biased on the pair, I was monitoring the pair for quite a while. I was looking for shorting opportunities within a wide weekly/daily supply cluster.
After weeks of passive observing, I finally spotted multiple confirmations:
The price broke a rising channel on 4H time frame.
My entry reason was a double top formation on an hourly and its neckline breakout & consequent retest were the triggers.
Then the market dropped sharply giving me 250 pips of pure profit and 4/1 risk to reward.
Great trade!
Did you catch a bearish rally on GBPNZD?
❤️Please, support this idea with like and comment!❤️
Nota
Check my new idea on EURUSD: 
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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 ⭐
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.