SUGGESTION MONEY MANAGEMENT
✅ 50USD : 0.01 lot x 3 Layer
✅ 100USD : 0.02 lot x 3 Layer
✅ 250USD : 0.05 lot x 3 Layer
✅ 500USD : 0.10 lot x 3 Layer
✅ 1000USD : 0.10 lot x 3 Layer
✅ 2500USD : 0.25 lot x 3 Layer
More Than This Is Your Risk 🙏
More wins
DOUBLE TOP DOUBLE BOTTOM
1- Double top occurs when price reaches the daily/weekly resistance. This pattern will be formed at the low timeframes such as h4/h1
This is an early hint for a change in direction from uptrend to downtrend
Thread🧵👇
Double top focus is a hint to only focus on sell 📈📉
2- Double bottom occurs when price reaches the daily/weekly support. This pattern will develop on the lower timeframes such as h4/h1
✔️There are reversals for retracement, there are also impulsive reversal, and the most important of then all is to always refer to highers TF
✔️Soon I will explain more in detail. As of now, understand and remember these basic chart pattern names and charateristics
#forex#rstar
CHART PATTERN STYLES
📊Chart Pattern are reversal / continuation hints in the market.
✔️The skill to identify chart patterns are more likely to come with experience and how we backtest certain currency behaviour
Its the same thing over and over🔄
Check thread 👇