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Double Top Chart Pattern

Double Top Chart Pattern - What is a double top pattern? What is a double top pattern? Let’s learn how to identify these chart patterns and trade them. A double top is a reversal pattern. The bulls try to push the price twice before giving in to the bears. The double top pattern is an important chart pattern for traders to recognize. This reversal pattern forms when a stock price hits the same peak level twice before declining. When a double top or double bottom chart pattern appears, a trend reversal has begun. Double tops are popular patterns found on. A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs.

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