DOUBLE TOP FORMATION
HOW TO FIND ZONES
Zones are those spots on the chart where price has repeatedly reversed.
However, it may be difficult at first for you to find these zones on the chart.
There are several sneaky shortcuts that you can use to help develop an eye
for finding zones. Some zones are extremely obvious and easy to find. Other
zones are a little bit trickier and may be difficult for you to identify if you
have not had experience finding zones on the chart. Please keep in mind
these three shortcuts when you are drawing your zones on the chart.
1. Start with a higher time frame chart.
2. Use a line chart to find the zones on the chart.
3. Ignore minor zones.
Zones are those spots on the chart where price has repeatedly reversed.
However, it may be difficult at first for you to find these zones on the chart.
There are several sneaky shortcuts that you can use to help develop an eye
for finding zones. Some zones are extremely obvious and easy to find. Other
zones are a little bit trickier and may be difficult for you to identify if you
have not had experience finding zones on the chart. Please keep in mind
these three shortcuts when you are drawing your zones on the chart.
1. Start with a higher time frame chart.
2. Use a line chart to find the zones on the chart.
3. Ignore minor zones.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.