Double tops and double bottoms are great reversal patterns. They are essentially pictures or formations that appear on fx, stock, or commodity charts. And they are used for their predictive value because they give an indication of where future price may head.
In this video, Giles Coghlan, Chief Currency Analyst, HYCM, will explain to you how to recognize double tops, double bottoms, when to use them, when to avoid them, as well as some real-world examples.