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Trade of The Week | Classic Breakout & Retest Trade 🔥🔥🔥

syot kilat

Hey traders,

As you know, for the last two weeks I was very bearish on OIL.
Spotting the overbought state of the market I was looking for a channel breakout trade.



Once the channel went broken, I was looking for a retest of its broken support to short.
The price formed a cute double top formation with a lower high retesting the broken trend line. My trigger was a bearish breakout of its neckline. Short position was opened on a retest.

Great & quick winner.

Did you catch this move?

❤️Please, support this idea with like and comment!❤️
VasilyTrader
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Juga pada:
Crude Oil Futures WTI (CL1!)Crude OilDouble Top or BottomMultiple Time Frame AnalysisOilParallel ChannelsignalsignalssignalservicesignalsproviderWTI
VasilyTrader
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/ ✅
Juga pada:

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