Many foreign exchange (forex) traders learning about technical analysis and how to apply it in their currency trading strategy might wonder what is a double-top chart pattern. This bearish chart ...
Diane Costagliola is a researcher, librarian, instructor, and writer who has published articles on personal finance, home buying, and foreclosure. Investopedia / Laura Porter A double top is an ...
A 37% November price rally in Litecoin (LTC) risks exhaustion as the “silver cryptocurrency” hints at forming a double top chart pattern. The classic bearish reversal setup appears when the price ...
Bitcoin BTC $108,783.53 may drop to $75,000 should it trigger a so-called 'double top' bearish reversal pattern. A double top comprises two consecutive peaks at approximately the same price, with a ...
An "extremely bearish" pattern has formed on the Magnificent 7 stocks' combined price chart, fueling fears of a selloff. "For what's worth, the top 7 largest tech stocks are currently staring down ...
GBP/JPY falls to a two-week low near 200.68 as the Sterling weakens amid UK fiscal concerns and rising interest rate cut expectations. A decisive break below 200.00 could open the way toward 198.87, ...
The probability the U.S. economy will see a recession begin sometime in the next twelve months has started to fall again during the past six weeks, after having hit a double-top. The Recession ...
another warning of a potential downside price move? Back in April 2018, we issued a Double-Top pattern warning in Palladium which preceded a downside price move of nearly target levels are $1000 and ...
The GBP/USD exchange rate retreated to its lowest level in months after forming a double-top pattern as the US dollar momentum continued. It dropped to a low of 1.3100, much lower than the September ...