Hello friends ,
My strategy is Breakout,
Most trades are made above line b,
When the price falls below this line, it means that most buyers have suffered,
When the green area is broken, the neckline is broken and the double top is confirmed,
And the selling position can be opened.
Line a also shows the high pressure area of buyers, which is in a larger time frame and can be used as a target,
This analysis is valid when the green area (neckline) is broken.
This analysis does not necessarily mean that this will happen,
This means what to do if the price falls below the green zone.
Good luck...
My strategy is Breakout,
Most trades are made above line b,
When the price falls below this line, it means that most buyers have suffered,
When the green area is broken, the neckline is broken and the double top is confirmed,
And the selling position can be opened.
Line a also shows the high pressure area of buyers, which is in a larger time frame and can be used as a target,
This analysis is valid when the green area (neckline) is broken.
This analysis does not necessarily mean that this will happen,
This means what to do if the price falls below the green zone.
Good luck...