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Two equal tops are identified within a span of 1 month and trade volumes are high on the second top this identifies the bearish trend.
double tops characterized by two equivalent tops, with duration of minimum 20 days between two tops , high volume of trade at second top or at the break out region.
bearish trend is determined when the stock price reaches the previous low
2 equivalent tops, with a month between the tops.
Volume should be high at the 2nd top.
Buy when the price falls below the previous low.
Bearish reversal.
double top is if you find the top 2 consecutive months which is formed with a time gap of minimum 1 month and volume should be high at the second top. then short positon is recommended when the bottom comes below the previous bottom.
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Double tops characterized by two equivalent tops with duration of minimum 20 days between them , and high volume of trade at second top or at the break out region.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Bearish trend is determined when the stock price reaches the previous low.</p>
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