Tag: Double Bottom

Double Bottom

A double bottom is a chart pattern formed by two consecutive price lows that are approximately equal in depth, followed by a reversal to the upside. The two lows are often referred to as the “twin bottoms.” The formation is

Double Top

A double top is typically considered a bearish reversal chart pattern. It suggests that the upward pressure on the market has weakened, and there is increasing selling interest. A double top is characterized by two consecutive price highs that are

Double Bottom

A double bottom is a chart pattern formed by two consecutive price lows that are approximately equal in depth, followed by a reversal to the upside. The two lows are often referred to as the “twin bottoms.” The formation is

Double Top

A double top is typically considered a bearish reversal chart pattern. It suggests that the upward pressure on the market has weakened, and there is increasing selling interest. A double top is characterized by two consecutive price highs that are

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