Double Tops and Double Bottoms in Forex Trading?

moonchild

VIP Contributor
These are patterns that are called high probability set ups and whenever you see them they'll deliver, they have a high rate of success especially on the higher time frame and also make a good material for study if you're looking for a strategy into the forex markets.

You can recognize the patterns after a trend has formed you'll notice an impulsive move formed and then another will formed at equal height with the former, if it happens in an uptrend or is called a double top and in downtrend markets a double bottom.

They're easy to recognize especially on the 15 minutes timeframe and you can jump on your chart and start finding them, check their winning rate is almost over 70%
 
Top