Do you trade double and triple bottoms?
They’re extremely profitable patterns and they often lead to large reversal moves. They’re quite self explanatory, they’re the bottoms of a wave.
Double bottoms are made up of two tests of a support zone and a triple bottom is made up of three, that’s the only difference!
If you don’t already trade them, try incorporate them into your trading plan.
@CryptoTrades #education #doublebottom #triplebottom #signals #cryptotradespremium
They’re extremely profitable patterns and they often lead to large reversal moves. They’re quite self explanatory, they’re the bottoms of a wave.
Double bottoms are made up of two tests of a support zone and a triple bottom is made up of three, that’s the only difference!
If you don’t already trade them, try incorporate them into your trading plan.
@CryptoTrades #education #doublebottom #triplebottom #signals #cryptotradespremium
You can detect a trend reversal before it happens.
One way to do this is by detecting double bottoms.
The psychology behind this is that traders are unable to take price lower while it is in a downtrend.
They are unable to make a lower low and this indicates weak bearish pressure therefore providing a signal for trend reversal.
@CryptoTrades #education #trading #doublebottom #trendreversal #cryptotradespremium #winningsignals
One way to do this is by detecting double bottoms.
The psychology behind this is that traders are unable to take price lower while it is in a downtrend.
They are unable to make a lower low and this indicates weak bearish pressure therefore providing a signal for trend reversal.
@CryptoTrades #education #trading #doublebottom #trendreversal #cryptotradespremium #winningsignals
You can detect a trend reversal before it happens.
One way to do this is by detecting double bottoms.
The psychology behind this is that traders are unable to take price lower while it is in a downtrend.
They are unable to make a lower low and this indicates weak bearish pressure therefore providing a signal for trend reversal.
@CryptoTrades #education #trading #doublebottom #trendreversal #cryptotradespremium #winningsignals
One way to do this is by detecting double bottoms.
The psychology behind this is that traders are unable to take price lower while it is in a downtrend.
They are unable to make a lower low and this indicates weak bearish pressure therefore providing a signal for trend reversal.
@CryptoTrades #education #trading #doublebottom #trendreversal #cryptotradespremium #winningsignals
Do you trade double and triple bottoms?
They’re extremely profitable patterns and they often lead to large reversal moves. They’re quite self explanatory, they’re the bottoms of a wave.
Double bottoms are made up of two tests of a support zone and a triple bottom is made up of three, that’s the only difference!
If you don’t already trade them, try incorporate them into your trading plan.
@CryptoTrades #education #doublebottom #triplebottom #signals #cryptotradespremium
They’re extremely profitable patterns and they often lead to large reversal moves. They’re quite self explanatory, they’re the bottoms of a wave.
Double bottoms are made up of two tests of a support zone and a triple bottom is made up of three, that’s the only difference!
If you don’t already trade them, try incorporate them into your trading plan.
@CryptoTrades #education #doublebottom #triplebottom #signals #cryptotradespremium