Short

TRADE OF THE WEEK | Classic Trend-Following Trading 💰

Updated

Hey traders,

Last week on Friday I opened a great short trade on GBPCAD pair.
Trading in a bearish trend the market retraced to strong resistance.
On that, a double top formation was formed:
the price broke its neckline and on a retest, I opened a short position.

GBPCAD: Classic Top-Down Trading Setup 🇬🇧🇨🇦

Then that market started to fall sharply.
With such high volatility I applied a trailing stop.

+180 pips of pure profit!

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Note

Check my new idea on EURUSD:

EURUSD: Short Trade - Update & Further Decline Next Week🇪🇺🇺🇸

VasilyTrader

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