hi everyone
iam new to technical analysis, am i right in assuming we had a double top (m shape) on the 4 hour chart and now are possibily going to see a double bottom (w shape).
ive been told and not only been told but seen in my back testing that double top is usually followed by a double bottom vice versa. if some on can say something about my TA it will be much appreciated.
thanks and good luck every one
iam new to technical analysis, am i right in assuming we had a double top (m shape) on the 4 hour chart and now are possibily going to see a double bottom (w shape).
ive been told and not only been told but seen in my back testing that double top is usually followed by a double bottom vice versa. if some on can say something about my TA it will be much appreciated.
thanks and good luck every one