• Vasily Trader

TRADE OF THE WEEK | Patience Pays & Winners Win

Hey traders,

This time I want to share with you a long trade that we took with my students on EURGBP .

Trading in a bullish trend the price retraced reaching 0.859 level.

Testing strong daily structure support we were looking for trend following opportunities.

Our confirmation was a double bottom formation and its neckline breakout.

We opened our trade on a retest.

Then we were waiting more than 10 TRADING DAYS.

The price was slowly growing and for many, it was psychologically hard to keep holding.

Being patient and disciplined, finally, the market reached our goal.

+50 pips pure profit!