Double Top a bearish reversal pattern

By tapasdhanadana
Updated
Double Top Pattern Tutorial -

Double Top is a bearish reversal pattern that can be easily identified when price reaches a equal high two consecutive times and makes a reversal and breaks the neckline.

The entry point of this trade pattern will be confirmed by a closing of price below the the neckline. We can take help of RSI to see the momentum and strength of the price movement.

Stay Tuned, đź‘Ť;
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Example :
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Checkout Double Bottom Pattern
Double Bottom a bullish reversal pattern
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Chart PatternsDouble TopDouble Top or BottomdoubletoppatterndoubletopreversaltradingpatternstradingstrategiesTrend Analysis

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