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Double top pattern

Sellers are in control and the market may fall

Overview
The double top pattern is primarily made up of 2 upswings, with the second swing unable to break above the previous high which is a sign of weaknesses but the uptrend is still intact. The critical point is the second downswing where a reversal downtrend will start if it breaks the neckline. From there, the sellers are in control and the market is likely to move lower from there.

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Double bottom pattern
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