Double Bottoms and Triple Bottoms Patterns (Videos) Binary Options 2020

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Broker 2020!
    Perfect For Beginners!
    Free Trading Education!
    Free Demo Account!
    Get Your Sign-up Bonus Now!

  • Binomo
    Binomo

    Good Broker For Experienced Traders!

Technical Analysis – WTI futures possibly forming a double bottom pattern

WTI oil futures yesterday reversed ahead of the 49.29 fresh bottom – which is a thirteen-month low – forming the start of a likely double bottom pattern. Currently, the overhead Ichimoku cloud, the slipping red Tenkan-sen and all downward sloping simple moving averages (SMAs) promote a strong negative picture.

Moreover, the RSI is hovering below its 50 mark, further backing this view. That said, the MACD, in the negative region has climbed above its red trigger line, while the Stochastic %K line has accelerated above its %D line towards the 80 level. Worth mentioning, is the marginal increase in the blue Kijun-sen line, which further backs an improving outlook, aiding the double bottom pattern.

If sellers manage to retake control and steer the price below the multi-month low of 49.29, the next barriers to further declines comes from the 48.29 support from 08 January 2020 and the 47.74 inside swing high from 02 January 2020. If selling persists past these levels, the drop could challenge the 45.35 low from 03 January 2020.

Alternatively, immediate resistance could come from the 20-period SMA at 50.48 until the 50-period SMA at 50.98, which also encompasses the Kijun-sen line and lower band of the cloud. Clearing this key area, the 52.16 neckline resistance may come into focus. Provided, the bulls surpass the 52.16 obstacle – which would validate the completion of the pattern – the 53.13 hurdle, being the 23.6% Fibonacci retracement of the down leg from 65.61 to 49.29, could halt further advances. Overcoming the 100-period SMA at 53.28, the 54.75 and 56.00 resistances could test the climb towards the 200-period SMA at 56.90.

Overall, a break above the 52.16 neckline would reverse the prevailing bearish bias in the very short-term to a bullish one.

The Best Binary Options/Forex Trading System Indicator -Double Top/Bottom- 2020

Seller: wolfftrader (23) 96% , Location: United States , Ships to: Worldwide, Item: 123958616336 The Double Top and Bottom Pattern forex indicator for MT4 scans and displays double top and double bottom reversal chart patterns on the Metatrader 4 chart.The indicator draws the reversal chart pattern on the chart and displays the accompanying buy or sell arrow.A blue buy arrow suggests a double bottom chart pattern has been completed and it’s time to buy the pairA red sell arrow suggests a double top chart pattern has been completed and it’s time to sell the pairFor buy signals: place a protective stop-loss a few pips below the low of the double bottom chart pattern.For sell signals: place a protective stop-loss a few pips above the high of the double top chart pattern. Example ChartThe EUR/USD 4-Hour chart below displays the Double Top and Bottom Chart Pattern Metatrader 4 Forex indicator in action.Basic Trading SignalsSignals from the Double Top and Bottom Chart Pattern MT4 forex indicator are easy to interpret and goes as follows:Buy Signal: Open buy trade when a blue arrow appears on the chart. This is a double bottom chart pattern.Sell Signal: Open sell trade when a red arrow appears on the chart. This is a double top chart pattern.Trade Exit : Use your own method of trade exit. MT4 Indicator CharacteristicsCurrency pairs: AnyPlatform: Metatrader 4Type: Chart pattern indicatorCustomization options: Variable (amplitude; breakout period, display alerts) Colors, width & Style.Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-MonthType: double top | double bottom We offer this system 70% off nowOver 99% AccurateNo Trading experiance neededAny currency pair and Any time frame (H1 is best) Payment & Shipping *******************************************************We Accept PayPal OnlyWorld Wide FREE SHIPPINGWe Shipped Item With In 24 hours When Receive Cleared Payment From Buyer(Delver To Your ebay)(WE DON’T SEND CD OR ANY OTHER HARD COPY TO YOUR PHYSICAL ADDRESS ) Thanks For Visit Condition: Brand New , Country/Region of Manufacture: United States , License Category: Standard , Type: Forex Indicator , Language: English , Platform: MT4,MT5 See More

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Broker 2020!
    Perfect For Beginners!
    Free Trading Education!
    Free Demo Account!
    Get Your Sign-up Bonus Now!

  • Binomo
    Binomo

    Good Broker For Experienced Traders!

The Best Binary Options/Forex Trading System Indicator -Double Top/Bottom- 2020

  • Popularity – 1,533 views, 9.7 views per day, 158 days on eBay. Super high amount of views. 5 sold, 11 available. More

PicClick Insights – Popularity

1,533 views, 9.7 views per day, 158 days on eBay. Super high amount of views. 5 sold, 11 available.

PicClick Insights – Price

PicClick Insights – Seller

23+ items sold. 4% negative feedback. Good seller with good positive feedback and good amount of ratings.

Triple Top and Triple Bottom – reversal patterns

U-turn models Triple Top and Triple Bottom has the same economic meaning of education as Double Top and Double Bottom with the only difference that the price makes three attempts to break through a certain level in order to continue the direction of the initial trend.

Education Triple Top Model

The mechanism of formation of the model of reversal “Triple Peak” such: price, breaking the level resistance, which then becomes support, begins to grow to a new resistance. Having reached it, the price rolls back to support and again makes efforts for growth, but in the region of the highs of the first peak again finds no strength to overcome it and rolls back. After which, unlike the double top, the price does not sell out, but makes another – third – growth attempt, which fails and, having formed the third peak, the price really starts to fall and overcomes the support level and rushes down, changing the trend.

Testing the Triple Top model

Logging in is the safest way when breaking at the price of the support level from top to bottom or when testing it from below. Stoploss place best on top of prices, and TakeProfit measure by the distance from the support to the peaks of the peaks.

Testing the Triple bottom model similar and mirror.

Yuriy Fedorov

I am not a bad expert on the subject of the stock market, automated and tested many different trading systems.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Broker 2020!
    Perfect For Beginners!
    Free Trading Education!
    Free Demo Account!
    Get Your Sign-up Bonus Now!

  • Binomo
    Binomo

    Good Broker For Experienced Traders!

Like this post? Please share to your friends:
How To Do Binary Options Trading?
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: