what is double confirmation and how can you use it?

2021년 6월 9일

double confirmation is what we look for if we get a strong exhaustion after a break of a zone, this basically confirms to us that buyers or sellers have control and its not just a stop hunt or a reaction to some news. what you will see is exhaustion to the zone, impulse move that is caused by market reaction to an area of sensitivity, buy limit orders etc and then what you are waiting for is another injection of buy pressure with entry confirmation for a move to your next area of sell or buy pressure.