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Chart pattern
reversal
Double Top
bearish
Fiabilité :
★★★★★
Two peaks at roughly the same level, separated by a valley. Bearish reversal in 'M' shape.
In detail
Buyers fail to break a resistance level after two attempts. Break of the valley between peaks confirms the pattern.
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How to trade
Short on valley break. Stop above the peak. Target = valley depth projected below.
#reversal
#bearish
#classic