The Top 3 Confirmation Signals for the Double Top Pattern

14 Oca

• 1 - Bearish Divergence
  

An indicator such as the RSI showing bearish divergence can confirm the weakening of the bullish trend.

• 2 - Volume Analysis
  

An increase in selling volume following the second peak reinforces the potential bearish reversal.

• 3 - Support Breakdown
  

A decisive breakdown below the support level confirms the validity of the double top pattern.

Watch this video to learn more
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