My Tips and Tricks for Trading the Double Bottom Chart Pattern 📈

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💰 Profiting from Double Bottom Patterns: A Deep Dive! Mark shares insights on trading the double bottom chart pattern. Mark emphasizes the importance of both price excursion and duration in identifying a valid double bottom pattern.
A preferred double bottom scenario involves a test of lows, followed by a significant price move higher, and then a retest of the lows over a reasonable duration.
Mark illustrates an ideal example on a Dax five-minute chart, highlighting the necessary elements of a successful double bottom trade.
Short-lived moves or those lacking substantial price excursion are deemed less favorable, as the presenter emphasizes the need for a balanced combination of duration and upward price movement.
The presenter encourages traders to use their judgment, considering factors like market conditions, timeframes, and the size of the move when identifying and trading double bottom patterns.

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[arminbunemek]

Thank you Mark! Great stuff. Much love. <3

[potnoogle]

TN doesn't let me open account, apparently it is too risky for me.

[paulnyagini]

This is useless video On my experience came to learn that most Trading strategy try to out predict there distribution of which realistically is impossible. Most approach will intended to confuse traders can't tell if the results there getting if is because of random reinforcement or a gambler fallacy .all in all the shit will be random the question is which kind of randomness you have to prove it in an abitrage formation and not through backtesting which is pure walk forward method and does not account for other distributions. At the end of the day i appreciate your content.❤❤❤❤❤.

[SSEnrich]

I have tested this ion forex pairs 4H. My conclusion is. Double tops do not work.