Lessons › Chart patterns › Double top
World 3 · Chart patterns · lesson 2 · level 1
Double top
Price hits the same ceiling twice and fails, and breaking the valley between the peaks confirms the top.
What it is
Two peaks at the same height, then a break below the dip between them.
Your task in the app
Find the two peaks. Then decide: buy, sell, or wait?
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 58 | 26% | 74% | 0% |
| United States | 50 | 36% | 62% | 2% |
| Japan | 35 | 49% | 49% | 3% |
| Crypto | 703 | 42% | 51% | 6% |
| Forex | 84 | 27% | 67% | 6% |
| Commodities | 22 | 32% | 59% | 9% |
Counted on real past charts by the Trading Class research engine, 952 cases in all. Past odds, not a forecast.
Read more on the Double top pattern page.
Goal of this lesson: Recognize a double top and know that only a break of its middle low confirms it.