You seem to enjoy to talk garbage. First you displayed to everyone your utter lack of knowledge of basic statistics, though you pretended to be the hot shot. You were corrected by several people : https://www.elitetrader.com/et/thre...ricing-and-reality.365931/page-4#post-5568238 Now you make some wild claims about some randomly drawn horizontal lines and when asked about you again sneak out the backdoor. It looks like you just enjoy agitating others but never can back up your claims.
There is no such thing as a double top or bottom....The bottom is the start of a broadening formation...breaks previous low...then immediately reverses...you want to be aware of these...as they provide the largest trade probability. Here is an example of ES this morning on a five minute....
Which Doubles are you referring too? A, B, C, D, E, other? lol. Double Top, Dbl Bottom. Show your Opinion, Use Charts - Especially Non-Workings! Text is cheap, lol. https://elitetrader.com/et/threads/...-text-is-cheap-lol.348337/page-7#post-5200312
Would you call this a double top? What would a measured move look like on that baby? https://www.elitetrader.com/et/thre...game-with-you-all.365997/page-10#post-5575695
Even more simple: It really doesn't matter if various chart formations are precise examples or not. It's all about what it tells you about how the market feels.