Courses › The STT Strategy: A Proven System for Every Timeframe
Exceptions Double top and bottoms
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What this lesson covers
This lesson covers a further set of exceptions, specifically double tops and double bottoms and the situation where the market is clearly positioned to continue higher but the trade the structure produces is a short. That contradiction stops a great many traders, who either take the trade without conviction or refuse it and watch it work. Daniel shows what is happening on the chart when this occurs, why the setup is valid despite appearing to fight the direction, and how to handle it within level one rules. He also uses it as preparation for level two, where these situations are dealt with in more depth. The lesson is about building the confidence to trade a valid signal that does not look comfortable.