DOUBLE TOP 📉& DOUBLE BOTTOM 📈 1- Double top is when the price reaches resistance level for two times. Strong resistance indicates that price is hard to be penetrated so the price will keep moving down. Uptrend ➡️ Downtrend 2- Double bottom is when the price reaches support level for two times. Strong support shows that the price cannot continue moving downwards so the price will start moving up. Downtrend ➡️ Uptrend
top of page
bottom of page
Comments