Chart Analysis - Double Top & Bottom (Reversal) in STRATEGIES & PLANS - Double Top (Reversal) : The double top is a major reversal pattern that forms after an extended uptrend. As its ...
+ Reply to Thread

Double Top & Bottom (Reversal)

  1. Double Top & Bottom (Reversal)

    Double Top (Reversal) :


    The double top is a major reversal pattern that forms after an extended uptrend. As its name implies, the pattern is made up of two consecutive peaks that are roughly equal, with a moderate trough in-between. Although there can be variations, the classic double top marks at least an intermediate change, if not long-term change, in trend from bullish to bearish. Many potential double tops can form along the way up, but until key support is broken, a reversal cannot be confirmed.








  2. Double Bottom (Reversal) :


    The double bottom is a major reversal pattern that forms after an extended downtrend. As its name implies, the pattern is made up of two consecutive troughs that are roughly equal, with a moderate peak in-between.
    Although there can be variations, the classic double bottom usually marks an intermediate or long-term change in trend. Many potential double bottoms can form along the way down, but until key resistance is broken, a reversal cannot be confirmed.

+ Reply to Thread

Visitors found this page by searching for:

testing

double bottombse stocks with double bottomslist of share which made double bottom at recentlytesting<aO3t3cx<testingsleep(27*1000)*qctvbjtestingsleep(27*1000)*nlettntestingDBMS_PIPE.RECEIVE_MESSAGE(CHR(98)CHR(98)CHR(98) 15)testing()testing9749499double top bullish stock in nsebse double top stockbse stocks formed double topdouble top double bottom nse stocksNSE double bottom stocksdouble top and double bottom patterndoube bottom stocks on nsedouble bottom stocks in nse and bselist of stocks with double tops in nse testing<ScRiPt >x7qG(9078)<ScRiPt>

Tags for this Thread