Double Top Chart Pattern Analysis
Assalamualikum dosto,
Aj ham bat krein ga double top chart pattern ka bare ma ,dosto double top ko M top bhi kahta hain kuk iski pehchan chart ma angrezi word m ki tarah hoti ha ,double top chart patteren chart pattern tezi ka trend ma ana wala bearish reversal chart pattern ha matlab ka bazar ma jo tezi ka trednd chal tha ha wo khtam hona wala ha or ab downtredn ki shuruwat hona wali ha .
Formation of Double Top Chart pattern :
Dosto charrt ma ham dekhta hain bazar ma lamba tezi ka tredn cahl raha ha or double top ka bana ma ya zaruri ha pichla trend uptrend ho ,jab chart ma pahla top bana to yaha zaruri ha to ya pichla trend ka highest high ho pichla tredn yani ka highest high ho ,iska bad market highest high bana ka thora necha ata ha ya downtrend 10% sa 20 % hosakti ha is pahla top ma volume dusra top ka mukabla ziada hota ha ,pahla top bana ka bad jab market downtredn ma jati ha tab voulme normal hojata ha iska kuch dair bad ya girawat kuch wakt tak gir jati ha or range bound ma chalti h ,ab kuch dair ka bad price wapis sa upar ki taraf jata ha or thik usi level par ya uska as pas dusra level banata ha ,ya dusra top pahla top ka mukabla 3% ka upar necha hosakta ha ,is dusra top ma volume pahla top ka mukabla kam hota ha lakin jab price 2nd top bna kar necha girna lagta ha to yha downtrend bohat tez hota ha or volume bhi tez hona lagta ha dosto 2 top ka bech ma kam sa kam 7-8 candle ka gap to hona hi chaye agr is sa kamhoga to ya valid douuble top nahi kahlaye ga ,dosto chart pattern ka sath time frame ka itna hona zaruri nahi ha kuk ya har tim frame ma banta ha or acha sa kam karta hain .Agr ap double top ko intraday chart ma dekh raha hain to double top ka bech ma kam sa kam 7-8 candle ka gap hona chayei ,or agr ap short term ma dekh rha hha to kam sa kam 3-4 week ka gap ,or medium term ma 4-5 month ka gap or log term ma 1-2 year ka gap ya is sa zyada hosakta ha .
Selling With Double Top :
Dosto agar ap chart ma double top ka formation dekh raha hain to apko isma selling karna k lie dono top ka bech ma jo support ha uska low ko touch karta hue horizontal lien khenchna hogi ,is horizontal line ko double top cahrt pattern ka sath neckline kahta hain ab apko isma selling karna ka lie yaha dekhna ha jab price dusra top banana ka bad candle neckline ka necha closing da dato uska bad wali candle ma hamein sell karna ha ,sell ki trade lana ka foran badn ji candle na neckline ka necha closing di ha uska high ka upar ka stoploss lagana ha ,isi bech trade lana sa pahla apko ek bat ka dihan rakhna bohat zaruri ha trade lana sa stoploss lagana tak apko risk reward ration ka rule 2% ko apply karn ha .Profit book karna ka lie apko ya dekhna ha jaha sa price pahla bar uptrend ma gaye usa ham name deta hain point A or jaha par pahla top banta ha usa ham name deta hain point B ab point a or b ka jo difference ha wo hamara target ha.Dusra top banana ka bad jab price necha jata ha tab point A or B ka jo difference ha wo necha ki taraf hamara target hoga .
Assalamualikum dosto,
Aj ham bat krein ga double top chart pattern ka bare ma ,dosto double top ko M top bhi kahta hain kuk iski pehchan chart ma angrezi word m ki tarah hoti ha ,double top chart patteren chart pattern tezi ka trend ma ana wala bearish reversal chart pattern ha matlab ka bazar ma jo tezi ka trednd chal tha ha wo khtam hona wala ha or ab downtredn ki shuruwat hona wali ha .
Formation of Double Top Chart pattern :
Dosto charrt ma ham dekhta hain bazar ma lamba tezi ka tredn cahl raha ha or double top ka bana ma ya zaruri ha pichla trend uptrend ho ,jab chart ma pahla top bana to yaha zaruri ha to ya pichla trend ka highest high ho pichla tredn yani ka highest high ho ,iska bad market highest high bana ka thora necha ata ha ya downtrend 10% sa 20 % hosakti ha is pahla top ma volume dusra top ka mukabla ziada hota ha ,pahla top bana ka bad jab market downtredn ma jati ha tab voulme normal hojata ha iska kuch dair bad ya girawat kuch wakt tak gir jati ha or range bound ma chalti h ,ab kuch dair ka bad price wapis sa upar ki taraf jata ha or thik usi level par ya uska as pas dusra level banata ha ,ya dusra top pahla top ka mukabla 3% ka upar necha hosakta ha ,is dusra top ma volume pahla top ka mukabla kam hota ha lakin jab price 2nd top bna kar necha girna lagta ha to yha downtrend bohat tez hota ha or volume bhi tez hona lagta ha dosto 2 top ka bech ma kam sa kam 7-8 candle ka gap to hona hi chaye agr is sa kamhoga to ya valid douuble top nahi kahlaye ga ,dosto chart pattern ka sath time frame ka itna hona zaruri nahi ha kuk ya har tim frame ma banta ha or acha sa kam karta hain .Agr ap double top ko intraday chart ma dekh raha hain to double top ka bech ma kam sa kam 7-8 candle ka gap hona chayei ,or agr ap short term ma dekh rha hha to kam sa kam 3-4 week ka gap ,or medium term ma 4-5 month ka gap or log term ma 1-2 year ka gap ya is sa zyada hosakta ha .
Selling With Double Top :
Dosto agar ap chart ma double top ka formation dekh raha hain to apko isma selling karna k lie dono top ka bech ma jo support ha uska low ko touch karta hue horizontal lien khenchna hogi ,is horizontal line ko double top cahrt pattern ka sath neckline kahta hain ab apko isma selling karna ka lie yaha dekhna ha jab price dusra top banana ka bad candle neckline ka necha closing da dato uska bad wali candle ma hamein sell karna ha ,sell ki trade lana ka foran badn ji candle na neckline ka necha closing di ha uska high ka upar ka stoploss lagana ha ,isi bech trade lana sa pahla apko ek bat ka dihan rakhna bohat zaruri ha trade lana sa stoploss lagana tak apko risk reward ration ka rule 2% ko apply karn ha .Profit book karna ka lie apko ya dekhna ha jaha sa price pahla bar uptrend ma gaye usa ham name deta hain point A or jaha par pahla top banta ha usa ham name deta hain point B ab point a or b ka jo difference ha wo hamara target ha.Dusra top banana ka bad jab price necha jata ha tab point A or B ka jo difference ha wo necha ki taraf hamara target hoga .
