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Tagged: COAL INDIA-Double Top-Bullish
double top is a reversal pattern so we cant expect the price to move in the same direction
once we witness huge volume during the second top it indicates many people are watching that level and were willing to get in or get out of their position(buyers or sellers)
once we witness any reversal candles ( candle stick analysis) , we can short /long unwind , if we short target will be the previous swing low,and sl will be the price level at the double top
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