1, Chart pattern describing a rise in price, a fall, another rise to the same or close to the level of the first rise, then another fall. The chart typically looks like an “M” in shape, with the two top points of the M representing resistance areas.

2, A reversal chart pattern displaying two prominent peaks. The reversal is complete when the support trough is broken. The double bottom is a mirror image of the top.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

1

DerivDeriv

4.3 rating based on 178 ratings
4.3/5 178
2

FXGTFXGT

4.0 rating based on 44 ratings
4/5 44
3

IronFXIronFX

4.8 rating based on 241 ratings
4.8/5 241
4

XMXM

4.8 rating based on 1,221 ratings
4.8/5 1221
5

EXNESSEXNESS

3.9 rating based on 199 ratings
3.9/5 199
1

bybitbybit

4.2 rating based on 3,330 ratings
4.2/5 3330
2

BinanceBinance

4.3 rating based on 7,672 ratings
4.3/5 7672
3

BitgetBitget

4.3 rating based on 42 ratings
4.3/5 42
4

BitMEXBitMEX

3.8 rating based on 6,919 ratings
3.8/5 6919
5

YObitYObit

2.5 rating based on 5,433 ratings
2.5/5 5433