| |
|
1. Security within the context of an uptrend has the most recent swing high equal or nearly equal to the previous swing high.
2. The double top pattern is powerful because the sentiment that was formerly producing the uptrend is now possibly shifting and buying pressure is not strong enough to produce a higher swing high to keep the uptrend in tact.
3. Double tops can be a stronger downward reversal patterns after further confirmation when the next swing high that is produced is even lower. |
|
|
|
|
|
