/biz/ - Business & Finance

>>4729429
i would disagree with that, double tops seemed to be more of a thing in a ranging market and i used to trade it regularly. they actually used to be my favorite pattern to trade, used to be super easy to make money off of them. i've seen way less of them though during a strong rally, most of them turn into bear traps when ppl trade short expecting the last leg of the "M" to form until they realize it won't happen. took me a while to understand this and transition out of my old trade setups into my current one.