Double top bottom

FREE website for research on chart patterns, candlesticks, event patterns, trading setups and trading tips, plus pattern recognition software! The triple top triple bottom, which are a variant of the double bottom and double top. The triple bottom figure is the inverse of the triple top.

Advance from Trough: Volume is more important for the Double Bottom Reversal than the double top. These two figures appear in a much more sporadic than the double top and double bottom. In their training are often confused with boxes or figure head shoulders.

The double top and double bottom are another pair of well-known chart patterns whose names don't leave much to the imagination. trading pattern - definition of trading pattern - The movement of a security's price over a specific time period. The trading pattern is charted by These figures are characterized by peaks and valleys spaced and rounded. In these figures need not be symmetrical valleys to the peaks and the same values ​​of contributions.

With respect to volume we can say that descends gradually from the first floor or ceiling to the third and last floor or ceiling. The figure confirms the time at which the curve reaches the level of contributions the deepest valleys or the highest peak with a very strong volume.