In depth look into double tops/bottoms price action structures

24. Dez. 2020

Merry Christmas everyone:


Hope everyone is well and healthy, and enjoy the holiday season as much as we can :)

Back here with another quick educational video on price action structures/patterns. I am going to go into detail on double tops/bottoms type of price action.

Many of you have asked me to elaborate more on what double tops/bottoms truly mean, and they sometimes get confused with a support/resistance. I will go into more detail on this topic to clarify the differences.

In addition, I will bring out some different examples in the market, and demonstrate how I see double tops/bottoms the way that works for my trading and its analysis.
How I confirmed what a true double tops/bottoms is, and how to look for potential entries once you see them form.
Understanding that multiple time frame analysis, nature of the market plays a big role to determine if the double tops/bottoms are “valid” and to give us more confidence to enter a position.
The higher the time frame, the more significant it is to that double tops/bottoms and the potential reversal move from it.

As always, any questions or feedback please let me know.

Merry Christmas and happy new year everyone :)

Thank you

Jojo