Double Top – Day 2 – Practice – EQSIS PRO

Deepaa, July 5, 2019, Double Top

Double top is witnessed with significant volume indicates us to create the short position.

3 Comments

Naresh 5 years ago

Hi,
Entry level is good.
Place a stop loss just above the resistance level.
To attain a target, subtract the high point of the pattern from the lowest pullback low to get the height of the pattern. Then subtract this height from the breakout price (Neckline level) this gives you your target level.

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HemSundar 5 years ago

Hi Naresh,
pls check my attachment and let me know if my understanding is right based on your comment.

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HemSundar 5 years ago

If it is wrong, please correct me.

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