Double Top And Bottom

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Dictionary Says

Definition of 'Double Top And Bottom'

Chart patterns in which the quote for the underlying investment moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). Double top and bottom analysis is used in technical analysis to explain movements in a security or other investment, and can be used as part of a trading strategy to exploit recurring patterns.

Investopedia Says

Investopedia explains 'Double Top And Bottom'

Double top and bottom patterns typically evolve over a longer period of time than a day, and do not always present an ideal visual of a pattern because the shifts in prices don't necessarily resemble a clear "M" or "W". When reviewing the chart pattern, it is important for investors to note that the peaks and troughs do not have to reach the same points in order for the "M" or "W" pattern to appear.
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'Double Top And Bottom'

  • Analyzing Chart Patterns: Double Top And Double Bottom ...

    http://www.investopedia.com/university/charts/charts4.asp
    Analyzing Chart Patterns: Double Top And Double Bottom. ...

  • Using Double Tops And Double Bottoms In Currency Trading

    http://www.investopedia.com/articles/forex/05/PriceMemory.asp
    ... This traditional double top/double bottom trading setup is an "oldie but a
    goodie". It can be an extremely profitable trading strategy ...

  • Tweezers Provide Short-Term Precision For Forex Traders

    http://www.investopedia.com/articles/forex/09/tweezers-double-tops-bottoms.asp
    ... Double Tops/Bottoms: A Classic One of the first technical formations that some are
    taught as students of technical analysis is the double top or bottom. ...

  • Testing Point-And-Figure Patterns

    http://www.investopedia.com/articles/trading/07/point-figure.asp
    ... (For more on this pattern, see Analyzing Chart Patterns: Double Top And Double Bottom.).
    Advertisement - Article continues below. Double Top, Double Bottom. ...

  • Trading Double Tops and Double Bottoms

    http://www.investopedia.com/articles/forex/05/032805.asp
    ... What's Obvious Is Not Often Right Most traders are inclined to place a stop right
    at the bottom of a double bottom or top of the double top. ...

  • Forex: The Memory Of Price Strategy

    http://www.investopedia.com/articles/forex/08/memory-price.asp
    ... it takes an enormous amount of buying power to exceed the value of the prior range
    of the double top breakout, and vice versa for the double bottom breakdown. ...

  • Analyzing Chart Patterns: Triple Tops And Bottoms | Investopedia

    http://www.investopedia.com/university/charts/charts9.asp
    ... as it will initially look like a double-top pattern, which ... In the triple-top formation,
    each test of ... Triple Bottom This bullish reversal pattern has all of the ...

  • Divergences, Momentum And Rate Of Change

    http://www.investopedia.com/articles/trading/04/012804.asp
    ... by prices making a double top, with an oscillator tracing a lower second top. Class
    B bullish divergences occur when prices trace a double bottom, with an ...

  • A Winning Memory-Of-Price Strategy Variation

    http://www.investopedia.com/articles/forex/08/memory-price-variation.asp
    ... it takes an enormous amount of buying power to exceed the value of the prior range
    of the double top breakout and vice versa for the double-bottom breakdown. ...

  • Technical Analysis: Chart Patterns | Investopedia

    http://www.investopedia.com/university/technical/techanalysis8.asp
    ... After the first two support/resistance tests are formed in the price movement, the
    pattern will look like a double top or bottom, which could lead a chartist ...

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