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Trade of The Week | Classic Structure Breakout Trade ๐Ÿ”ฅ๐Ÿ”ฅ๐Ÿ”ฅ

ืฉื•ืจื˜
VasilyTrader ืžืขื•ื“ื›ืŸ   
OANDA:NZDUSD   ื“ื•ืœืจ ื ื™ื• ื–ื™ืœื ื“ / ื“ื•ืœืจ ืืžืจื™ืงืื™

Hey traders,

2 weeks ago NZDUSD broke and closed below key daily structure support.
We were patiently waiting for a retest of the broken structure to short the pair.


Retesting the broken level, the price formed a double top formation with equal highs on a 1h time frame.
We were waiting for its neckline breakout as our trigger to short.

After a breakout, we set our sell limit order on a retest.

Then the market dropped nicely giving us 65 pips of a pure profit.

Great Top-Down breakout trade!

Did you catch this move?

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