Sorry I'm a little late but here comes the pictures I promised yesterday.
The first show an established double top. The arrows are the tops and the v marks where the double top is established. I trade it almost exclusively with confirmation that is I dont enter at the second arrow I enter at the v set tthe stop loss above the arrow and ride it to the next support (or longer if I like the price action at the support).
The second shows where a double bottom was trying to establish but failed. Taking a trade here without confirmation would have resulted in a loss.
The double top/bottom is one of the patterns I use most and is very reliable. Hope I helped.
The first show an established double top. The arrows are the tops and the v marks where the double top is established. I trade it almost exclusively with confirmation that is I dont enter at the second arrow I enter at the v set tthe stop loss above the arrow and ride it to the next support (or longer if I like the price action at the support).
The second shows where a double bottom was trying to establish but failed. Taking a trade here without confirmation would have resulted in a loss.
The double top/bottom is one of the patterns I use most and is very reliable. Hope I helped.
DislikedOk to be clear: Its not a double bottom until we have a close above the 1.425 area. If you want to take a long here on a maybe to be double bottom then thats up to you. But I assure you the odds are not good.
EDIT:I'll make some pics on this when I'm on my way home.Ignored