What is Double Top & Double Bottom?
Double Top & Double Bottom (also called double top, double bottom) — Reversal patterns: a double top (two peaks) hints at a fall; a double bottom (two troughs) hints at a rise.
In simple terms
A double bottom confirming above the middle peak is bullish.
Why Double Top & Double Bottom matters when you invest
Understanding double top & double bottom helps you make better-informed decisions when you invest and trade on ROAR by DP TradeKING. Open a free account to put it into practice — ₹0 delivery brokerage and zero-commission direct mutual funds.
Double Top & Double Bottom — frequently asked questions
What is Double Top & Double Bottom?
Reversal patterns: a double top (two peaks) hints at a fall; a double bottom (two troughs) hints at a rise.
What does Double Top & Double Bottom mean in the stock market?
Reversal patterns: a double top (two peaks) hints at a fall; a double bottom (two troughs) hints at a rise. A double bottom confirming above the middle peak is bullish.
Can you give an example of Double Top & Double Bottom?
A double bottom confirming above the middle peak is bullish.
Put it into practice — open a free account.
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