VasilyTrader

How to trade double top?

Education
VasilyTrader Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen

I've just recently noticed that many people absolutely incorrectly interpret the trading of double top and bottom.
Usually, this people sell the market as it is establishing second peak.
In such trading, in many cases market will go higher breaking the resistance.

Here I've just shown a proper way to trade this market pattern.
Comment:
in here market is still testing the support
Comment:
On this chart we don’t see breakout for now

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