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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.

Market Insights

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