double top 2, some info

• 11/21/2021 at 2:05 PM #181985
  gnellas77

  hi gentlemen,

  i short with double top pattern and i would like to know when my chances for getting my order filled are better: when the dt pattern is above or below a 200-mov. average. According to me they look the same (50% in each case) but i would like also your opinion according to your experience.

  Thank you!

  

  gnellas77

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  11/21/2021 at 3:09 PM #181987
  GraHal

  Logic would say below 200MA for a short, but price action prior to the tops is relevant also as is … how much distance is to the left when price has completed the double top.

  Also what TF we talking about? A double top on a 4 hour TF means more than a double top on  1 min TF.

  Just a few thoughts.

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  gnellas77

  

  GraHal

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