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

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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
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Juga di:
Crude Oil Futures WTI (CL1!)Crude OilDouble Top or BottomMultiple Time Frame AnalysisOilParallel ChannelsignalsignalssignalservicesignalsproviderWTI

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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

✅ Facebook: facebook.com/VasilyTrading/

⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Juga di:

Publikasi terkait

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.