– Glossary
Double top
A double top is a technical formation in which a stock makes two sets of significant highs at a similar price level. Double tops are used for forecasting potential downside risk until their highs are taken out. Once that occurs, all downside forecasts are negated and significant rallies can follow with overhead resistance no longer in place.
This popup will close in:
Mega Trader FX is currently undergoing maintenance. To create an account or to login please click here
CLOSE


