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tapasdhanadana
Apr 6, 2020 7:31 AM

Double Top a bearish reversal pattern Education

Bitcoin / TetherUSBinance

Description

Double Top Pattern Tutorial -

Double Top is a bearish reversal pattern that can be easily identified when price reaches a equal high two consecutive times and makes a reversal and breaks the neckline.

The entry point of this trade pattern will be confirmed by a closing of price below the the neckline. We can take help of RSI to see the momentum and strength of the price movement.

Stay Tuned, 👍;

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Example :

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Checkout Double Bottom Pattern

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BTCUSD Double Top Completed
Comments
OxEconomist
Thanks ! Quite helpful.
tapasdhanadana
@kenshintani, Welcome!
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