Tag Archives: double top

Aussie:Swiss – Letting the profit run

Last week I posted a discussion piece on set up strategies for a possible selling opportunity in Aussie Swiss. There were a couple of alternatives. As it happened the chart set up as a double top and traders selling the break have so far enjoyed a decent move. … Continue reading

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Commonwealth Bank – A chartist’s strategy for tommorow’s results announcement.

I posted a sell set up on CBA last Thursday. Depending on how you handle it, this position is a work in progress. With CBA’s results due tomorrow, I thought readers following this trade may be interested in a discussion on stop loss settings and profit … Continue reading

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AUD:USD – Double Top Potential

The Aussie Dollar looks to be in the early stages of what may turn out to be a double top formation this morning. Those using Bollinger Bands to identify early entry opportunities may get an opportunity to enter with the … Continue reading

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HGG forms up for Symmetrical Triangle

After quite a sharp run up in price, Henderson Group has entered into a symmetrical triangle consolidation pattern (one could possibly argue double top pattern as an alternative). This will mean that traders will now be looking for a breakout … Continue reading

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