Markets › EUR/GBP › Double top
Forex · chart pattern
Double top on EUR/GBP
On EUR/GBP the double top showed up 32 times. The target came first 28% of the time, the stop 59%, and 12% went nowhere within 12 candles.
Counted on EUR/GBP: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 2 | 0% | 100% | 0% |
| Hourly | 30 | 30% | 57% | 13% |
EUR/GBP against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| EUR/GBP | 32 | 28% | 59% | 12% |
| All Forex charts | 330 | 29% | 66% | 5% |
| Every market | 4,641 | 38% | 55% | 7% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2024 | 3 | 100% | 0% |
| 2025 | 17 | 24% | 59% |
| 2026 | 10 | 20% | 70% |
The last 8 times
- 8 Jul 2026, 14:00 UTC · hourly · target first after 3 candles
- 22 Jun 2026, 11:00 UTC · hourly · target first after 1 candle
- 31 Mar 2026, 09:00 UTC · hourly · stop first after 2 candles
- 19 Mar 2026, 17:00 UTC · hourly · went nowhere
- 19 Mar 2026, 14:00 UTC · hourly · stop first after 2 candles
- 5 Mar 2026, 19:00 UTC · hourly · stop first after 3 candles
- 2 Feb 2026, 14:00 UTC · hourly · stop first after 2 candles
- 16 Jan 2026, 15:00 UTC · hourly · stop first after 6 candles
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the double top is
Two peaks at the same height, then a break below the dip between them.
Imagine climbing a wall, slipping back, then reaching the same spot again before sliding down even further. A double top looks like the letter M: two peaks at the same height with a dip between them. When price falls below that dip, the M is complete.
The full double top lesson, video and quiz ›
Other patterns on EUR/GBP
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bullish cross · MACD bearish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · RSI overbought drop · all of them
The double top elsewhere
GBP/USD · EUR/JPY · EUR/USD · USD/CHF · GBP/JPY · USD/JPY · NZD/USD · AUD/USD · Ethereum · Bitcoin
Questions
How often does the double top work on EUR/GBP?
In 32 cases on EUR/GBP, the target (1.5 × ATR) came before the stop (1 × ATR) 28% of the time and the stop came first 59%; 12% went nowhere within 12 candles.
What is the double top?
Two peaks at the same height, then a break below the dip between them.