TRADE OF THE WEEK | Trend-Following Trading in Action💰

Hey guys,

As you know, I was monitoring GBPCAD for quite a while to catch a bearish continuation after a retracement.
Spotting a major falling channel, I was patiently waiting for a test of its resistance to short from there.

GBPCAD: Important Decision Ahead! Your Plan: 🇬🇧🇨🇦

My confirmation was a descending triangle formation on 4H time frame.
The position was opened on a retest of its broken neckline.

+290 pips of pure profit so far!

Did you catch this move?

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

Note

Check my new analysis on EURUSD:

EURUSD: Important Decision Ahead Next Week 🇪🇺🇺🇸

VasilyTrader

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