ilmscore | Prediction Details
"the first is something I talk about all too often and that is valuable levels of structure or major levels of structure that have been tested multiple times so this is the way I personally like to trade these I don't like to trade them in the middle of nowhere but I love trading these patterns in the way you've learned in this video If price is already at a major level of structure and my Perfect Trading scenario is when I can add one other technical factor to this technical Factor along with the double bottom trading strategy and chart pattern you've already learned and that other technical factor is in fact the RSI indicator if I see the RSI go oversold or even better get what is called Divergence quick lesson on Divergence if price is making equal or lower lows while in fact the RSI indicator is making higher lows that is called RSI Divergence so if I can get the double bottom chart pattern and strategy you've learned throughout the video inside of a major level of structure with RSI Divergence that is my absolutely perfect scenario for this entire trading strategy and for anytime I want to trade double bottoms and double tops"
By The Trading Channel (The Trading Channel) | November 17, 2023 | Pending
From video
This 1HR Chart Pattern Trading Strategy Would Have Made You Profitable In The Last 30 Days... 00:15:42 - 00:16:53
Interpreted Prediction
The accuracy of double top and double bottom trades can be significantly increased by combining the strategy with two additional technical factors: trading at major levels of structure that have been tested multiple times, and identifying RSI divergence (price making lower lows while RSI makes higher lows).

Prediction Details

Topic
Improving Double Top/Bottom Strategy Accuracy

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