VasilyTrader

Double top pattern to trade

Kort
VasilyTrader Uppdaterad   
FX:USDCAD   USA-dollar/Kanadensisk dollar
hey traders,
on usd cad on four hour chart we have beautiful double top pattern to trade.
(Also look at RSI - it shows clear divergence)
There are different strategies to trade this pattern but I suggest to do it this way:
We wait until the market breaks bellow support zone and sell as the market closes below structure
or
we wait a bit more until the retest of structure to sell with better risk to reward.
Target is based on structure but many traders project the height of the top.
Stops go strictly above the highs.
What we need is patience and fair plan to follow!
Good luck!

Kommentera:
breakout
Kommentera:
more down
Kommentera:
holding short
Kommentera:
still holding short
Trade stängt: målet nått

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.