How to day trade Double Tops on the 1 minute timeframe

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If you can learn how to day trade Double Tops & Bottoms on your chosen trading timeframe then you will be well on your way to cracking the trading challenge.

Beginners often learn to look out for Double Tops and Double Bottoms as trend reversal patterns but I like to see them more as trend continuation patterns and patterns to identify in trading ranges. I think that they are better probability setups in these conditions.

I look for a market to pullback in a trend to one of the moving averages and then put in a chart pattern like the Double Top or Double Bottom chart pattern or a Head and Shoulders pattern and then take the trend continuation trade.

You can see how often these chart patterns are traded by the institutional traders as they often reach target almost exactly before the market turns and moves in the other direction.

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Видео How to day trade Double Tops on the 1 minute timeframe канала AnthonyBeardsell