Learn Trading Using the Double Top Chart Pattern

Double top chart pattern reversal formations

Double top chart pattern occurs when the price moves in an “M” visual and features a strong resistance level for the underlying stock or Cryptocurrency. The double top pattern is bearish and alerts the traders to book their profits or open a short position. It usually forms when the price reaches new highs exhausting the bulls. The double top chart …

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The Definitive Guide to Double Bottom Pattern

double bottom reversal pattern

The double bottom pattern is a reversal indicator highlighting the bottom of a stock or Cryptocurrency and potential price rise. The double bottom reversal is a common and highly effective formation and is a great situation to open a long position. The pattern looks like “W” and takes effect in a strong downtrend. The double bottom pattern is easy to …

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