📈 Price Action: iq option live trading, double bottom breakdown, double top breakout forex 2018

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📈 Price Action: iq option live trading, double bottom breakdown, double top breakout forex 2018

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Indicators:
EMA 3 (blue)
EMA 20 (yellow)
EMA 50 (orange)
EMA 100 (red)
EMA 200 (purple)

Bollinger Band Period 20 Deviation 2 (green)
Bollinger Band Period 20 Deviation 1 (white)

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The double top is a frequent price formation at the end of a bull market. It appears as two consecutive peaks of approximately the same price on a price-versus-time chart of a market. The two peaks are separated by a minimum in price, a valley. The price level of this minimum is called the neck line of the formation.

The Double Bottom Reversal is a bullish reversal pattern typically found on bar charts, line charts, and candlestick charts. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between. Double Bottom Breakdown - The most basic P&F sell signal is a Double Bottom Breakdown, which occurs when an O-Column breaks below the low of the prior O-Column. From this basic pattern, the bearish breakdown patterns become more complex and wider.

Double Bottom Reversal. The Double Bottom Reversal is a bullish reversal pattern typically found on bar charts, line charts, and candlestick charts. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between. In the P&F world, Double Top Breakouts are bullish patterns that are confirmed with a resistance break. With bar charts, on the other hand, Double Top Breakouts are bearish patterns that are confirmed with a support break.

Double Top Breakout - In the P&F world, Double Top Breakouts are bullish patterns that are confirmed with a resistance break. With bar charts, on the other hand, Double Top Breakouts are bearish patterns that are confirmed with a support break. As its name implies, the pattern is made up of two consecutive peaks that are roughly equal, with a moderate trough in-between.

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