How Do I Trade Upward Trend Line Reversal Signals Combined with Double Top Reversal Chart Patterns Trade Setups

Upward Trend Reversal Signals and Double Tops Reversal Chart Patterns Strategy

Up Trend Trading Reversal

When price breaks-out below the upwards trendline (support) market will then move down-wards

How Do You Trade an Up trend Reversal? - Strategy for Trading a Upwards Trend Reversal

Upward Trend Reversal Strategy

After price has moved in an up-ward direction for an extended period of time within a up trend it reaches a point where it stops moving within the upward trend. When this happens we say the up-wards trend line has been broken and this is interpreted as a up-wards trend reversal setup.

Since the up-wards trend line is point of support & this point of support has been broken after a up trend line break - we then expect the price to move downward towards the opposite market direction and this is interpreted as a up trend reversal setup.

This reversal setup can be combined with the double top reversal chart patterns explained below:

Combining Upward Trend-Line Reversal Trade Signals with Double Top Reversal Setups

A good trade setup to combine upward trend reversal setup with is the double top patterns - Double Top Reversal Chart patterns Guide.

Double top reversal chart pattern setups should already have formed before the up trendline break signal. Because these double top are also reversal setups, then combining these two trend reversal setups will give traders a good probability to avoiding a whipsaw.

In the above up-ward trend reversal setup these double tops reversal setups can be confirmed to have formed even before the trendline reversal signal popped up.

Example of Upward Direction Reversal - the Double tops reversal chart pattern had already formed before up-wards trendline break signal appeared on the trading chart.

Combining Upward Trendline Reversal Trade Signals with Double Top Reversal Patterns

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