ZILUSDT Perpetual ContractÉducation
HOW TO TRADE A DOUBLE TOP PATTERN
Hi, I have a question about the double top.
Assuming as an example that the neckline of a double top is at a price of 50. This is broken by a candlestick where its spike closes at 48 but its body remains at 51.
Now, the question is: does the pattern break happen when a candle closes below 50 or does it have to go above 48 as well having created a new support there?
We are talking totally about technical analysis, nothing more.
Ty everyone.
Assuming as an example that the neckline of a double top is at a price of 50. This is broken by a candlestick where its spike closes at 48 but its body remains at 51.
Now, the question is: does the pattern break happen when a candle closes below 50 or does it have to go above 48 as well having created a new support there?
We are talking totally about technical analysis, nothing more.
Ty everyone.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.