Take-Profit hit and another winning trade closed.
This recurring Short Position setup allowed us to win another trade for a 4.4x profit.
Even if, during the downtrend we got opposite setups which might have compromised the final result, we remained focused on the evidence.
And the evidence was that there was no major price structure between our Entry Price and the Take-Profit level.
In fact, even if the Price Action was slowed down during the downtrend, the price eventually went all the way down to our Target level at the very bottom of the TradingView chart…
… exactly where the major support displayed by the Levels and Zones indicator was.
What about your setups? Are they profitable and recurring?
Feel free to share some of your trading experience with fellow traders by leaving a comment on the YouTube video above!