Double Top Reversal Patterns

Reversal patterns are best seen on candlestick charts which is a reason why so many day trader or traders in general prefer to look at a candlestick chart of some kind.

 

Major Reversal Patterns

Double Tops - Less relevent than triple tops but still a major reversal pattern in day trading and other forms of trading. If a point is reached once and a stock returns back a level has been identified in which sellers were no longer present. This is an indication of uncertainty at this level.

 

double top reversal pattern in day trading




Major Reversal Patterns












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