 |
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.
|
 |
Investopedia explains 'Double Top'
The double top looks like the letter "M". The twice touched high is considered a resistance level.
|
-
Find out how to apply the two most common price reversal patterns to your trading.
Read More »
-
Learn how an "M" or a "W" could help you on the road to financial freedom.
Read More »
-
Learn the patterns that will help you pinpoint and profit from breakouts.
Read More »
-
-
Hate getting stopped out right before the price reverses? This forex trading strategy may help.
Read More »
-
Use this single-entry strategy to capitalize on currency spikes by anticipating reversals.
Read More »
-
The sushi-roll indicator may help lower the risk of trying to pick market tops and bottoms.
Read More »
-
Precise and short, the tweezer setup is similar to double tops and bottoms.
Read More »
-
Read the case against this well-established indicator.
Read More »
-
Triple and double tops and bottoms may be tough to spot, but once you learn them, they can be powerful patterns.
Read More »
|
|