exploration

Double Top Strategy USD/CAD 140 pip move probability

FX:USDCAD   U.S. Dollar / Canadian Dollar
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Setup: Place trade only if price goes below the dotted line. I have caculated a 140 pip move down from the dotted line on the chart. If price doesn't move below the dotted line don't trade the double top stratagy...

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Comments

zero loss and zero win
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There goes a big fish story .some get away...i didn't place a trade... zero breakout :)
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While I'm not going to dispute your short call, a double top by definition signals the end of an up trend. The area you're charting is merely a small retracement in a downtrend, imo.
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