By looking at the week TF chart I analyzed the following things that I want to share:
1. Duration of the first double top was 567 days
2. Duration of descending channel was 238 days
3. Formed a bullish rally (approx 76% up) of 21 months by breaking a major resistance level
4. Duration of the second double top was 574 days
5. Duration of descending channel was 238...
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
