$BKH. Triple double : strong resistance line channel

10 Ağu 2020

This is my take on a triple top resistance and a double top. On a daily chart outlining Two distinct areas of resistance that when drawn create a resistance channel giving you a clear range of trade. The double top resistance must chart below the triple top resistance. So this tells us two things one: is that there are very strong levels of resistance above and if price were to break above one we have a clear resistance target and a clear support because double top resistance becomes support and two: shows us next level we need to see price above and a possible channel we could see price trade within it above first resistance.