Double Top WAL Stock
The following chart we can see a double top pattern forming just by seeing the upper trend forming on point A we wait till it reaches the maximum high. Then on point B there is a change on the trend as it follows a down trend. Then it hits the support line we placed before and make the statement that if the line touches again the maximum high it will changer the trend and place an order.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.