Patterns › Double top
Chart patterns
Double top
Two peaks at the same height, then a break below the dip between them.
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.
How to practise it
Find the two peaks. Then decide: buy, sell, or wait? In the app, 36 real examples of the double top wait for you across 6 markets, and you say what happened next before the chart shows you.
Lesson: Chart patterns: shapes the crowd draws.
Related
Double bottom · Head and shoulders · Inverse head and shoulders · Ascending triangle · Descending triangle · Symmetrical triangle · Rising wedge · Falling wedge