empty
it
Supporto
Apertura rapida di un conto
Piattaforma di trading
Ricaricare / Prelevare

The Double Top pattern is an easily recognizable reversal pattern. This pattern is usually formed near the resistance level and signals a situation on the market when the price fails to break the resistance line two times in a row. Below you can see a picture of the Double Top pattern.

Double top pattern

Importantly, the second top on the picture is slightly lower than the first one which is an obvious signal that the resistance level will not be broken and the price will surely reverse. Traders are better to enter the market when the price is located at the second top or at the level of the neck line.

Let’s see what further developments we may see:

Double top pattern

The amplitude of a decline usually equals the height of the Double Top pattern. Experienced traders say that these patterns are better to be found only after really strong trends. For example, in the sluggish sideways market such figures are of no importance. Moreover, such patterns are usually found on bigger time frames starting from 1 hour.

Actual patterns

Doppio Minimo
was formed on 04.04 at 20:00:33 (UTC+0)
signal strength 3 of 5

Doppio Minimo NZDCHF M30

Il modello Doppio Minimo è stato formato su NZDCHF M30. Questa formazione segnala un'inversione del trend dal discendente all'ascendente. Il segnale è che una posizione buy dovrebbe essere aperta dopo

Open chart in a new window

Doppio Minimo
was formed on 04.04 at 20:00:33 (UTC+0)
signal strength 3 of 5

Doppio Minimo AUDCHF M30

Il modello Doppio Minimo è stato formato su AUDCHF M30; il confine superiore è 0.5235; il confine inferiore è 0.5139. La larghezza del modello è di 97 punti. In caso

Open chart in a new window

Doppio Minimo
was formed on 04.04 at 17:30:24 (UTC+0)
signal strength 3 of 5

Doppio Minimo EURCHF M30

Il modello Doppio Minimo è stato formato su EURCHF M30. Caratteristiche: il livello di supporto 0.9365; il livello di resistenza 0.9429; la larghezza del modello 64 punti. Se il livello

Open chart in a new window
In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaSpot anyway.

We are sorry for any inconvenience caused by this message.