Sell Signal

Double Tops Long-Term

(Updated 1 day ago)
A double tops pattern in trading is a bearish reversal pattern that forms after an uptrend. It consists of two distinct highs at roughly the same price level, separated by a trough, indicating a strong resistance level and potential downward trend. However, there is a slight disagreement about how and where it should be drawn. The length of the red arrow represents the potential fall from the date issued in the signal. Nonetheless, there is a possibility it may perform better or may not perform at all. In this list, we are taking into consideration a long-term period, usually ranging up to 12 months.
Have Questions?
Signal Illustration

Enhance Your trading strategy with
Custom Stock Screeners. Build Yours now!

Create My Screener
Trusted Broker
Start Your Journey With:
eToro
0% Commission Stock Trading
Follow Other Investors Strategy
Wide variety: Crypto, stocks, ETFs

Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk.