TRADE OF THE WEEK | Classic Structure Trading💰
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!
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.