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Hello, everyone, this is their double top chart pattern, their double top chart pattern is the complete
opposite of the double bottom chart pattern, vice versa.
Their double top pattern is found only in upgrades and is a bearish reversal pattern which indicates
that the price is about to drop.
The market was in a strong uptrend.
The price made a first stop, then rallied downside, then pushed back, made a second drop.
Then really downside.
When this neckline got broken, the price went from the area from which the price bounces back is the
neckline.
This is the neckline.
When this case broke, it indicates that the price is about to drop.
Their double top pattern is strong, bearish pattern.
You need to keep your eyes aware of this pattern in the markets during uptrends.
Whenever you spot this, you should exit from the market.
This was the life chart example on the US dollar and the Swiss chart.
Let's move forward to our next lecture.
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