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Writer's pictureMSFOREX CAPITAL

WHAT IS DOUBLE TOP šŸ“‰& DOUBLE BOTTOM šŸ“ˆ ?



DOUBLE TOP šŸ“‰& DOUBLE BOTTOM šŸ“ˆ 1- Double top is when the price reaches resistance level for two times. Strong resistance indicates that price is hard to be penetrated so the price will keep moving down. Uptrend āž”ļø Downtrend 2- Double bottom is when the price reaches support level for two times. Strong support shows that the price cannot continue moving downwards so the price will start moving up. Downtrend āž”ļø Uptrend

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