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

  • Author
    Posts
  • #159988
     Divya E R 
    Participant
    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

Viewing 271 post (of 271 total)

You must be logged in to reply to this topic.

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

©2022 | Rights Reserved | EQSIS | Terms and ConditionsPrivacy Policy

Log in with your credentials

Forgot your details?