Double Top

Chart Patterns

A bearish reversal pattern where price tests a resistance level twice before falling. The breakdown below the neckline (the low between the two highs) confirms the pattern.

Related Terms

Double Bottom

A bullish reversal pattern where price tests a support level twice before breaking higher.

Resistance

A price level where selling pressure tends to overcome buying pressure, causing the price to stall or reverse downward.

Reversal

A change in the direction of price trend.

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Chart Patterns: Reversal

Level 2: Reading the Market · 22 min