In the end, the price went straight down and reached our target.
Just as we initially predicted, the price eventually moved significantly lower.
This allowed us to close a winning trade for a total 6x profit, which is absolutely excellent.
This forex trade took a little bit of time which, however, was justified by the fact that we were aiming for a rather big Profit Target.
We traded safely throughout the whole trade by progressively moving down our breakeven level as the price moved down.
All this careful trade management, allowed us to close this short selling opportunity with a great return and without taking any big risk.
What about you? Do you feel comfortable shorting a stock or other assets?
Share your short selling experience by leaving a comment on the YouTube video above!