A Double Top appears after an uptrend and signals a possible trend reversal to the downside. It looks like an “M” shape on a price chart. its represent a loss of momentum from the dominant trend direction First Peak Formation Pullback to Support (Neckline) Second Peak Formation Breakdown Below the Neckline (Confirmation) Psychology Behind Double Tops Price fail o make higher high, but instead make a same high which shows a loss of momentum from the uptrend meaning is loss of momentum from from the buyers in the market . The formation of a double top reflects a shift in market sentiment. Initially, buyers are in control, pushing the price…