Double Tops and Bottoms in Stock Market Technical Analysis
These chart patterns are well-known patterns that signal a trend reversal – these are considered to be one of the most reliable patterns and are commonly used.
These patterns are formed after a sustained trend and signal to chartists that the trend is about to reverse.
These patterns are created when price movement tests support or resistance levels twice and is unable to break through.
These patterns are often used to signal intermediate and long-term trend reversals.
