This week we caught a very nice winner on EURCHF pair.
Trading in a bearish trend the market retraced to a key level. On that, we were looking for a confirmation to short. Our trigger was a neckline breakout of a tiny double top formation on an hourly time frame. Then we shorted on a retest.
For some time our position was in a drawdown. But then the market dropped sharply and we made 85 pips of a pure profit.
Did you catch this move?
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