Double top and bottom patterns typically evolve over a longer period of time, and do not always present an ideal visual of a pattern because the shifts in prices don't necessarily resemble a clear "M" or "W". When reviewing the chart pattern, it is important for investors to note that ...
Intechnical analysis, this type of event forms a classic chart pattern: adouble top(when the price appears to reach an upper limit) or adouble bottom(when it tests a lower limit). In either case, double tops and bottoms arereversal patternssignaling that prices may be about to head in th...