Double Top is an Up Trend Reversal Pattern. Hence the assumption is there already exists an Up Trend. Double Top Pattern can be explained as follows
It is similar to the Triple Top Pattern; only difference is there are 2 peaks in Double Top Pattern. This pattern is complete when price falls below the Low.
Other Reversal Patterns
Technical Analysis Head & Shoulder Pattern
Technical Analysis Inverse Head & Shoulder
Technical Analysis Triple Top
Technical Analysis Triple Bottom
Technical Analysis Double Bottom
| Free Technical Analysis Tutorial |
| Hot Stock Picks |
| Stock Market Tips |
Technical Analysis Double Top
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment