Double Tops and Double Bottoms
Double Tops and Double Bottoms
Double Tops and Double Bottoms are signals of trend reversal at the peak and trough respectively. After their formation, the price is likely to go in the opposite direction for a long while.
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Financial Flagship on Instagram: "📊 The double tops/bottoms are a very common and accurate trading pattern that indicates a potential market trend shift. ➡️ A double bottom is a bullish reversal chart pattern, characterized by two distinct lows at approximately the same price level, separated by a peak. It indicates a potential reversal from a downtrend to an uptrend. ➡️ A double top is a bearish reversal chart pattern in trading, characterized by two distinct highs at approximately the same pr
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Financial Flagship on Instagram: "📊 The double tops/bottoms are a very
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