This topic contains 270 replies, has 270 voices, and was last updated by  Divya E R 9 months, 1 week ago.

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  • #159988
     Divya E R 
    Rank: Level 3

    A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset’s price falls below a support level equal to the low between the two prior highs.
    Conditions are:
    It should have two equivalent tops
    Volume should be high at point B or point C and duration should be minimum 2 days

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