A triple top pattern is a chart pattern that indicates a potential reversal in an asset’s price trend. It appears as three consecutive peaks at similar price levels, with two troughs in between. The pattern is bearish, meaning it suggests a shift from a bullish to a bearish market. How to identify a triple top […]
A double bottom, also referred to as a W bottom pattern, is a technical analysis formation indicating a potential reversal from a downtrend to an uptrend. It is widely used by traders to define future price movements and identify buying opportunities. What Does the Double Bottom Pattern Tell You The double bottom patterns on the
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. Types of Double Top
