ilmscore | Double Top Pattern Predictions
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Double Top Pattern

Topic
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Accuracy

Recent Predictions

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Author
Predicted at
Status
Video
The speaker identifies double top and double bottom patterns as key chart formations they trade.
"finding a double top or bottom or a head and shoulders pattern"
The Trading Channel (The Trading Channel) The Trading Cha...
Oct 26, 2021
Pending
Easy & Profitable Tr...
A double top pattern forms when the market reaches a resistance level, pulls back, and then re-tests the same resistance level, finding resistance again.
"a double top is going to be when the market pushes up to a level of resistance then pushes down in o..."
The Trading Channel (The Trading Channel) The Trading Cha...
Mar 12, 2021
Pending
The Only Technical A...
For a double top pattern, confirmation can be a shooting star candlestick at the end, rather than just a red candle.
"we then get confirmation and this time here's your bonus for confirmation on the double top instead ..."
The Trading Channel (The Trading Channel) The Trading Cha...
Nov 25, 2020
Pending
Best Candlestick Pat...
The termination zone for a double top pattern is identified by the highest bodies and highest highs of the first top.
"we have the highest bodies of that first stop right here we have the highest highs of that first sto..."
The Trading Channel (The Trading Channel) The Trading Cha...
Aug 29, 2020
Pending
Master These Simple ...
A double top pattern is invalidated for a short trade if a candle body closes above the previous top's wick, indicating trend continuation.
"the only thing we cannot have is a body of a candle closing above this top wick and the reason is be..."
The Trading Channel (The Trading Channel) The Trading Cha...
Aug 29, 2020
Pending
Master These Simple ...
Confirmation for a double top pattern is signaled by a red candle.
"i have to wait on that confirmation the way i do that is just by waiting on a red candle"
The Trading Channel (The Trading Channel) The Trading Cha...
Aug 29, 2020
Pending
Master These Simple ...
Double top trades involve placing a stop-loss above the pattern's high and setting a target near the previous structure level.
"put a stop loss just above the previous high over here the high of my double top and put a target so..."
The Trading Channel (The Trading Channel) The Trading Cha...
Aug 29, 2020
Pending
Master These Simple ...