USDJPY Double Top Within Divergence 19-03-07

Yesterday someone in the DTB-group asked when the recent Double Top/Bottom within a divergence occurred. Such setups have a very high success rate and they are one of our default trading setups.

The following screenshot shows one of the latest signals that was sent in real-time to the signal channel. The signal was a double top on the time frame M30 within a bearish divergence on H4:

 

 

When you get such a signal then you need to check if there is enough room for a big potential move until the rising trend line is reached.

In this case there was enough room to the downside and you could have profited from a fast winning move until the green rising trend line was reached:

 

 

I have explained many divergence examples in detail in this setups blog. Please scroll down, you will find them :)

You can get Double Top/Bottom signals in real-time with the following products:

Alert-Dashboard (runs on your computer, signals via email and push)

Telegram Signals (you don't need a computer running 24/7, signals via telegram messenger)

 

 

 

 

 

 

 

 

 

About Me

I'm Mike Semlitsch the inventor of the PerfectTrendSystem. I'm in the trading business since 2007. Helping other traders to succeed in trading is my passion. The PerfectTrendSystem is the result of more than 30,000 hours of hard work. Connect With Me:  

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