Power of close double tops & down
Updated
This chart emphasizes the power of double tops and double bottoms and then how market reversal works, second, how it is important to adjust your stop loss according to the market trend, there were two false breakouts upon the two resistance levels with massive lower bearish candles, this is why you should either exit before the resistance price level or take some risk with SL adjustment in order to follow the tread and hunt your profit, However always make sure that dealing with EMOTIONS could be as same as dealing with two edge sward.
Happy, successful trading for all
Happy, successful trading for all
Trade closed: target reached
Study/knowledge purpose only
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