Double Top

1. Introduction

Double Top is a bearish pattern, and the two tops are roughly on the same horizontal line. This pattern indicates that there may be a top reversal.

2. Feature

2.1 The two tops are roughly on the same horizontal line.

2.2 The two tops need to be separated by a certain time range.

2.3 The price has recently broken downward through the neckline.

3. Example

MLP has a Double Top Pattern on June 18, 2021.