The Secret Strategy of Trading DOUBLE BOTTOMS & DOUBLE TOPS in Forex | Must Watched!

The Secrets Strategy of Trading DOUBLE BOTTOMS & DOUBLE TOPS in Forex | Must Watched. Learn this strategy and you will be able to generate signals using double bottoms and double tops.
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Double Top and Double Bottom patterns are two of the most prevalent and popular reversal chart patterns.
These patterns consist of two price extremes located approximately on the same level.
The Double Top is a mirror image of the Double Bottom pattern:
The Double Top starts with a bullish trend, which turns into a sideways movement. The range then gets broken downwards and the price action reverses.
The Double Bottom starts with a bearish trend, which turns into a sideways movement. The range then breaks through the upper level and the price action reverses.
We need two things in order to confirm the pattern:
Neck Line – a manually added horizontal line on the bottom between the two tops (for a Double Top) or on the top between the two bottoms (for a Double Bottom)
Neck Line breakout – a candle closing beyond the Neck Line.
The trade signal occurs when the price action breaks the neck line:
Open a short trade if the pattern is Double Top.
Open a long trade if the pattern is Double Bottom.
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We have done our best to ensure that the information provided here and the resources available for download are accurate and provide valuable information. Regardless of anything to the contrary, nothing available on or through this Website should be understood as a recommendation that you should not consult with a financial professional to address your particular information. The Company expressly recommends that you seek advice from a professional. *None of this is meant to be construed as investment advice, it's for entertainment purposes only. The video is accurate as of the posting date but may not be accurate in the future.Everyone learns at their own pace , nothing in forex is guaranteed and past profits do not guarantee future profits. I am in no way giving you financial advice and any money you lose is 100% at your own power. Enjoy the education!!
The Double Top/Bottom pattern has a fixed minimum potential. You can project the minimum target by applying the following:
Size of the Pattern – the distance between the Neck Line and the perpendicular line which connects the two tops/bottoms
Applying the Size as a Target – The potential of the pattern is equal to its size applied from the Neck Line.