Double Top Or Higher High? What Do You See?Double tops and higher highs can be synonymous to some traders. I believe that is ok, but they both speak to different Technical Analysis. A trader who trades may not recognize the higher high as following the trend, but rejection. Where as a trader who trades higher highs may see the high as buyers pushing the market higher and will wait for a pullback.
I created this video to speak to the technical side of both based on a students price chart. He is doing an amazing job simplifying is trading strategy and I loved his POV.
Let me shout out my community Trade On Purpose(recently known as Swing Trader Society). You guys are awesome and I'm grateful y'all allow me to help.
Let me know in the comment section below. What do you see, a double top or a double bottom.
