Tuesday, June 22, 2021

Technical Analysis - Double Top Pattern

Double Top Pattern is a signal bearish reversal. There are two very clear tops with same with height and width. The lowest point in between two peaks is the neckline (support line).  See chart below.





Looking at KL stock market. I managed to find a potential stock that show double top pattern. It's neckline has not been broken yet. Once broken, it will confirm a bearish reversal.




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