Hi, I have a question about the double top.
Assuming as an example that the neckline of a double top is at a price of 50. This is broken by a candlestick where its spike closes at 48 but its body remains at 51.
Now, the question is: does the pattern break happen when a candle closes below 50 or does it have to go above 48 as well having created a new support there?
We are talking totally about technical analysis, nothing more.
Ty everyone.
Assuming as an example that the neckline of a double top is at a price of 50. This is broken by a candlestick where its spike closes at 48 but its body remains at 51.
Now, the question is: does the pattern break happen when a candle closes below 50 or does it have to go above 48 as well having created a new support there?
We are talking totally about technical analysis, nothing more.
Ty everyone.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.