What is Double TOP? What are their conditions to determine the bearish trend?

[R.Durga Prasad]

Double Top is the pattern in which two equivalent tops are formed with in a period of 1 month and the volume should be more in the second top.

The Stop loss point for the Double top is upto botttom line of the buyers there we have to make it short possesion.

[khushi]

double top is when we identify two equivalent tops within a duration of 1 mth and with more volume happening on the second top. we should create short positions if the price fails to sustain previous buying zone ie when the price crosses the neckline.

[V.VEDANAYAGAM]

THIS is a pattern which takes one month to form
IF almost two equal tops are formed in a month where huge volume happens at the second top then one can be assured of this pattern
WHEN the share price ,with volume goes below the lowest bottom which is in between the double top then BEAR trend is assured

[Ramesh]

Double top is bearish reversal pattern. It made of two consecutive peak  that are equivalent in size. Volume should be high in second peak. The minimum duration required to form double top is one month.

[Swathi]

Double top is when two tops of EQUIVALENT (not exactly equal) are seen in a period of onw month. The short command is placed at the breakout provided that the volume is high at the second peak or the point of breakout.

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