Double Top

Dictionary Says

Definition of 'Double Top'

A term used in technical analysis to describe the rise of a stock, a drop, another rise to the same level as the original rise, and finally another drop.

Double Top
Investopedia Says

Investopedia explains 'Double Top'

The double top looks like the letter "M". The twice touched high is considered a resistance level.

Articles Of Interest

  1. Tweezers Provide Short-Term Precision For Forex Traders

    Precise and short, the tweezer setup is similar to the more popular double top/bottom formations.
  2. A Winning Memory-Of-Price Strategy Variation

    Use this single-entry strategy to capitalize on currency spikes by anticipating reversals.
  3. How To Interpret Technical Analysis Price Patterns: Triple Tops And Bottoms

    Triple and double tops and bottoms may be tough to spot, but once you learn them, they can be powerful patterns.
  4. Using Double Tops And Double Bottoms In Currency Trading

    Find out how to apply the two most common price reversal patterns to your trading.
  5. Forex: The Memory Of Price Strategy

    Hate getting stopped out right before the price reverses? This forex trading strategy may help.
  6. Market Reversals And How To Spot Them

    The sushi-roll indicator may help lower the risk of trying to pick market tops and bottoms.
  7. Candle Sheds More Light Than The MACD

    Read the case against this well-established indicator.
  8. Testing Point-And-Figure Patterns

    Learn the patterns that will help you pinpoint and profit from breakouts.
  9. A Primer On The MACD

    Learn to trade in the direction of short-term momentum.
  10. When To Short A Stock

    Learn how to make money off failing shares.
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