TRADE OF THE WEEK | Classic Swing Trading💰
Hey traders,
I want to share with you a trend following swing trade that we caught with my students this week:
🇦🇺🇳🇿AUDNZD is trading in a long-term bearish trend.
Breaking key daily structure support recently, we were looking for a short trade on its retest.
Approaching a broken structure the price formed a head and shoulders on 4H time frame.
After a neckline breakout, we opened a short position on its retest.
After 8 days of passive holding & waiting, the price reached our goal.
+125 pips of pure profit & great winner 💰
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Note
Check my new analysis on EURNZD: 
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.