Trade Gold Trading

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

Upwards Trend Reversal Signals and Double Tops Reversal Patterns Strategy

Up Trend Reversal

When price breaks-out below the upward trend line (support) market will then move down-wards

How Do You Analyze Trading When an Upwards Trading Trendline is Broken Upward Trendline Break Signals?

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

Upwards 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 trendline has been broken & this is interpreted and analyzed as a up trend reversal setup.

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

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

Combining Upward Trendline Reversal Signals with Double Top Reversal Setups

A good trade setup to combine upwards 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 trend line reversal signal popped up.

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

How to Generate Trend Buy and Sell Signals

Combining Upward Trendline Reversal Signals with Double Tops Reversal Patterns

Study More Courses & Lessons:

Forex Traders Seminar Gala

Forex Traders Seminar

Gold Broker