What is a double top? Back to list

Member SinceJul 08, 2021

Posts 155

Kihn

Sep 09, 2021 a 12:19
A double top is a very bearish technical reversal pattern that structures after a market arrives at an excessive cost on two continuous occasions with a moderate decrease between the two highs. It is affirmed once the resource's value falls under a help level equivalent to the low between the two earlier highs.

Member SinceAug 09, 2021

Posts 197

Hightrade

Sep 15, 2021 a 18:22
A double top is an incredibly bearish technical reversal pattern that structures after a resource arrives at an exorbitant cost two sequential occasions with a moderate decay between the two highs. It is affirmed once the resource's value falls under a help level equivalent to the low between the two earlier hights.

Member SinceJul 12, 2021

Posts 136

Fiba

Oct 13, 2021 a 17:08
The double top is a technical analysis pattern that occurs when there are two consecutive peaks or two troughs followed by another peak or trough. This pattern indicates that the price has reached its maximum and may start to go down. For the double top to be complete, it must have at least four trading sessions between the first peak or trough and the second peak or trough.

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