All you that swear by price action, come and explain to me why the double bottom and flag patterns I trade, always go against me. the patterns form perfectly, but the minute i take the trade it's like the market changes its mind.
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U need to consider that chart patterns works better when u consider other confluence. For instance I you want to sell at a double top, u have to first consider if the closes below or above the double top. U also have to consider the trend. And the strength of the chart pattern.