HOW TO SUCCESSFULLY TRADE DOUBLE TOP PATTERNS



Double Top Patterns are very common across the Forex and can be seen on all time frames as the market transitions from an Uptrend to a Downtrend for the Currency Pair we are trading. They tend to lead to fast and aggressive market movements and can provide traders with quick trading gains. However, because of this possibility of quick gains, traders can be easily tempted to enter the market too early. In order to successfully trade them, we must understand their structure and the common trap associated with them to avoid being Stopped Out when the market reverses sharply!

The Video Analysis below provides you with details of this common Japanese Candlestick Market Pattern and shows a practical example from the GBP USD that was traded last week, as its 4 Hour Chart transitioned from an Uptrend to a Downtrend. 



VIDEO ANALYSIS OF DOUBLE TOP PATTERNS



As usual, if you have any questions about the analysis, the GBP USD trade or want to subscribe to my Mentoring Service (see below), you can let me know.



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Your Mentor

Duane Shepherd




(M.Sc. Economics, B.Sc. Management and Economics)
Currency Analyst/Trader
shepherdduane@gmail.com /(876)-393 3355

Facebook: DRFXTRADING
Instagram: @DRFXTRADINGBOSS
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This is why they only work in the Short-Term. 

To correct this, you need to have a totally new approach from the ground level with theories that have been extensively tested for 10 years, during both Normal and Abnormal market conditions.

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