1.0 Introduction
Just like most traders, when I started out trading Forex, it was a very rough patch for me. I jumped from indicator to indicator and for each one I always felt like I was going to finally dominate Forex and maybe appear on Forbes within a month or so. But that was not the story. Trading Forex no matter how easy it may seem, choosing between buy or sale and being right is one of the hardest jobs on earth and yet the most profitable. But with time, I got to learn more about the market and my use of indicators faded because I just got that feeling of when I could look at market and immediately tell if to trade or stay away from trading. In this article I will discuss one of the things I look at when trading; the double tops and bottoms.
2.0 Double Tops and Double Bottoms
This is one of the most reliable price reversal formations and for people that trade XAU/USD I think they would strongly agree.
2.1 Double Top

A double top is a reversal pattern which is usually formed at the end of the strong bullish movement. The tops are formed when the price hits a certain level and that can’t be broken. When the price reaches this level, it bounces off slightly and then return…
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