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A double top is a bearish reversal chart pattern that indicates the formation of two price tops at the Resistance level. Due to resembling the shape of the alphabet “M”, the double top pattern is also known as M Pattern. It is the most widely used chart pattern in technical analysis.
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Chart PatternsTechnical IndicatorsTrend Analysis
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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.