All Tips You Can Get: DOUBLE TOP dan DOUBLE BOTTOM

Rabu, 03 Juli 2013

DOUBLE TOP dan DOUBLE BOTTOM

What is Double Top and Double Bottom, Tweezer Tweezer Top and Bottom and Triple Top and Triple Bottom? How to act and react if such patterns fail to form ???? For the moment we first review the bicycle, Double Top and Double Bottom. Agree ??? !!!! DOUBLE TOP A Double Top is a reversal pattern that forms after extension movement. TOP or "peak" is the peak formed when price touches a certain price level that can not be penetrated. After touching this level, the price will bounce a bit, but then returned to the top of the test again. If the price bounces off the floor again, then you have a DOUBLE TOP!

In the graph above you can see that the two peaks or "peak" form twice. Notice how the second peak is not able to penetrate the high peaks before. This is a strong sign that a reversal will occur which tells us that the buying pressure is over. With double top, we would have booked our entry in the neck because we anticipate a reversal of the uptrend.

Target continuation of the Double Top is perfectly formed, this is the prediction that often really happened. And Take Profit is a key short-term and long-term. See the chart above, you can see that the price breaks the neckline (neck) and plunge into bawah.Ingat that the double peak or a double top formation is a reversal of the trend that you will find it after a strong uptrend. You will also notice that the price falls more or less the same height as the formation of a double top. It is important to remember because it would be useful to set a profit target (Take Profit). Double Bottom A level below the double (double bottom) is also a trend reversal formation, but this time we are looking for an open position to buy rather than sell. Formation occurs after a downtrend when the two bottom or "base" has been formed.

We can see from the chart above that the downward trend in the past, the two forms of the valley could not break down a certain price level. Notice how the bottom two are not able to significantly solve the pertama.Ini bottom is a sign that the selling pressure is very weak and will end up pattern reversal is imminent.

Look at the continuation of the price! Price break the neck and went flying high. See how prices soared almost the same length as the formation of a double bottom? What still needs to be remembered, as a double top, double bottom formation is also a reversal of the trend.