Double Top

What Does Double Top Mean?
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.

Related Terms

Bottom
Chartist
Double Bottom
Head and Shoulders Pattern
Memory-Of-Price Strategy
Resistance
Rounding Top
Technical Analysis
Top
More Related Terms

Related Links

The Memory Of Price - Learn how to use double tops and double bottoms in currency trading.
Analyzing Chart Patterns: Double Top And Double Bottom - Learn how an "M" or a "W" could help you on the road to financial freedom.
Testing Point-And-Figure Patterns - Learn the patterns that will help you pinpoint and profit from breakouts.
Forex: The Memory Of Price Strategy - Hate getting stopped out right before the price reverses? This forex trading strategy may help.
A Winning Memory-Of-Price Strategy Variation - Use this single-entry strategy to capitalize on currency spikes by anticipating reversals.
Market Reversals And How To Spot Them - The sushi-roll indicator may help lower the risk of trying to pick market tops and bottoms.
Tweezers Provide Short-Term Precision For Forex Traders - Precise and short, the tweezer setup is similar to double tops and bottoms.
Candle Sheds More Light Than The MACD - Read the case against this well-established indicator.
Price Patterns - Part 4 - Triple and double tops and bottoms may be tough to spot, but once you learn them, they can be powerful patterns.
Five Chart Patterns You Need to Know - Learn to maximize profits in up and down markets with this free report from ChartAdvisor.com!

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