Double Top Pattern Signals Bearish Reversal (Short Trade Active

The Dow Jones Industrial Average Index (DJI) on the 4H chart has formed a Double Top pattern, indicating potential trend exhaustion and bearish reversal. The price was rejected near 42,900 twice and has now broken below the neckline, triggering a short trade setup.

🔹 Pattern: Double Top
🔹 Resistance Zone: 42,900 – 43,000
🔹 Neckline Break: ~42,450
🔹 Target Area: 40,878 based on pattern projection
🔹 Fundamental Context: Profit-taking and market uncertainty post recent highs

Bearish momentum active – trade remains valid unless price reclaims and holds above 42,950. Short setup is technically and structurally supported. 📉🧭

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This is not financial advice. Please conduct your own research and manage risk accordingly.