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entry price is previous low point between A&B top.
exit price is the value between second top and entry ,may be reduced from entry point to arrive the target.
secound top level is stoploss.
Entry ā Short when price crosses Bottom between the two tops
Exit ā Depends on the risk taken ā Target is equal to Risk
Stop Loss ā Second Top
Double Top: Sign of bearish trend. TradersĀ can consider to take Short position.
Entry price: Wait for the price to cross the previous bottom price levels.
Stop Loss: Previous Top price level.
Exit price: Entry priceĀ – (Previous Top price – Entry price)
Entry– short position at C.
Exit — equivalent to A/B.
Stop loss– B top point
Entry: Breakout point of the previous bottom.
Exit: 1 time the risk taken.
S.L: Previous bottom.
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