Double Top, Dbl Bottom. Show your Opinion, Use Charts - Especially Non-Workings! Text is cheap, lol.

PeeYew!
and the chart too. lol

 

go for it

 

Define a hammer?

Divide the length of the candle by 4. If the open and the close are located in the upper 25% of the candle it's a hammer.

That's one way to define it mathematically.

 

What you considered as trash (countertrend trading) is a pot of gold to scalpers or day traders. Have a look at ES one minute chart during last trading hour today.

 

Wait a minute, was the simple moving average still up at that moment, from the open ?

 

2 more double bottom fails
3 views of first example

and

 

Below, 60 min view of the 30m double bottom fail swing that worked nicely right up to the brim.

 

Need more non-workings in here.