www.gwcindia.in
1/8

Quick story

Spot Reversals: Double Top & Bottom Patterns

Learn how to identify potential trend reversals using double top and double bottom chart patterns. A key skill for any trader!
www.gwcindia.in
2/8

Quick story

Reversal Trading Explained

Reversal trading aims to identify early signs of a trend change, rather than following an existing trend. Understand the core concept.
www.gwcindia.in
3/8

Quick story

What are Double Top & Bottom Patterns?

These patterns signal potential trend exhaustion after a sustained move. Double tops suggest bearish reversals, double bottoms bullish.
www.gwcindia.in
4/8

Quick story

Double Top: Structure & Interpretation

Formed after an uptrend, resembling an "M". Look for two peaks at similar levels and a neckline breakout for confirmation.
www.gwcindia.in
5/8

Quick story

Double Bottom: Spotting the "W"

The mirror image of a double top, forming after a downtrend. Confirmation comes with a breakout above the neckline.
www.gwcindia.in
6/8

Quick story

Volume's Role in Confirmation

Lower volume on the second peak of a double top, or higher volume on a double bottom breakout, adds weight to the signal.
www.gwcindia.in
7/8

Quick story

Avoid These Common Mistakes

Don't jump the gun! Wait for pattern completion and consider the broader trend. Avoid forcing patterns where they don't exist.
www.gwcindia.in
8/8

Quick story

Unlock Reversal Trading Secrets!

Ready to dive deeper into double top and double bottom patterns? Learn more and enhance your trading strategy.

Read Full Article