Here we have @fxandrealb dialled into the charts at this beautifully organized workspace.
Andre has been within the falcon community for a while now, and is progressing very nicely.
What we see with Andre is that he has an outstanding work ethic and passion for trading, which ultimately fuels his progression forward continuously.
2019 you have been setting the foundation really well, 2020 is going to be a great year for you Andre.
We look forward to tracking your progression throughout next year and we're looking forward to see you achieve the goals you set out for yourself.
Keep moving forward Andre!
-The first video covers Triple Top chart pattern,it is just an extension of the double top pattern. This pattern forms when the price-action
fails to break below the neckline decisively, after the second peak. The price goes up again and finds another resistance
near the same level as of the previous two peaks.
you can trade this setup either after the false breakout which is very lucrative without waiting for the breakout of the nick line.
if there is no signal at the third top, you should wait for the breakout of the nick line and either you enter directly or you wait for a pullback .
If you want to learn how to trade the market the right way, i highly recommend you to join my course"the supply and demand trading method"
click on the link in bio or send me a private message if you are interested .
The second video covers Double top candlestick patterns , these chart patterns form after a strong price rally or strong bullish conditions. It is easily identifiable because
the double top pattern looks like two mountain peaks that form an ‘M’ shape on the chart.
The two peaks will generally be reacting with some strong resistance in the market, demonstrating that the bulls can’t penetrate
that level. The initial bullish wave hits the resistance and bounces straight off it, finding support after a market retracement.
Bulls eventually pick up steam again to push the market back into higher prices where the market retests the resistance level.
The bulls don’t have enough strength to break through the resistance, and price bounces straight off it again, creating
the second peak.
A double top pattern is a classic sign of bullish exhaustion.
The double top candlestick pattern generally signals the market is about to tip over. The containment line for the double top
candlestick pattern is called the ‘neckline’, and this is where the market found support after the first peak.
The standard way to trade a double top candlestick pattern is to wait for the second peak to form and then short price breaks
below the neckline. to learn more click on the link in bio or send me a private message
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