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 stair case technic

trading gold

 

trading gold


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Similar like Double top or double bottom... but you must know market flow
how does stair case technique looks like and how it work?
The stairway is created by the points of rebound from each support area immediately prior to a successful breakout of the next resistance level. These lower points are joined with an up sloping trend line. This defines the position of the trend. The market may move sideways for an extended period inside a step until it hits the trend line. Then traders expect to see a successful breakout above the next resistance level,. This is the pattern that creates the stairway.

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