Trading Forex Using the Double-Top Pattern. Trading a double-top pattern is the same in the forex market as in any other financial market where market psychology exists and technical analysis applies.

Recent price action reveals TON's struggle to maintain stability, with a failed breakout attempt at $3.22 followed by accelerated selling during peak trading hours, according to CoinDesk Research ...

The selloff in Tesla's stock Thursday confirms a bearish short-term "double-top" pattern, like the one 7 months ago that preceded the year-end 2022 plunge.

The double top suggests weakening momentum after a strong rally. If buyers fail to break above $2.65, the pattern remains in play and bearish. Rising wedge hints at possible 20% XRP price crash ...

A double top is a reversal pattern that suggests a stock will move higher. Valero Energy (VLO) and Marathon Petroleum (MPC) may each be about to form one. Get ahead of Wall Street reactions ...

In addition to the double top pattern, other negative technical factors are forming here. While the RSI is approaching 70, it may be forming a lower top relative to the first peak in February.

Bitcoin has been in a short-term downtrend. The cryptocurrency is currently correcting lower after forming a double-top pattern. Key support levels at $63,000 to $65,000 are crucial for traders to ...

Another way to interpret the double-top pattern is to consider that it extends the period in which the highest probability of recession is elevated. Matteo Colombo/DigitalVision via Getty Images.