FX:USDCAD   U.S. Dollar / Canadian Dollar
Hello everyone, as we all know double tops and double bottoms are each taught very differently. I understand that we look online trying to find the best way to trade them, there seems to be so many gurus and ideas out there that they can even complicate something as simple as a double top.

I believe that this currency pair will fall and usually what I do is have my stop loss be above the candle wick that broke through the neck line of the double top. Im sure those of you shorting this trade may be worried but it should continue a hard downward trend.

~JS

Good luck and message me if you have questions.

or need comfort.....


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.