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