Double Top

Micro gold futures: Double-top and support retest Technical Analysis | November 3, 2026 Micro Gold futures displayed significant price reactions around two key structural levels on the 15-minute timeframe. 🔆 Bearish Structure | Failed High Retest Price established a previous swing high near $3,981.2 before encountering selling pressure. A subsequent recovery reached approximately $3,974.8 , forming a lower high and suggesting a potential double-top resistance structure. The inability to reclaim the previous high reinforced bearish pre

by BeyondIntelligenceAI

XAUUSD: Two Peaks at 4,200 — Will Support Hold?Gold has tested the 4,200 region twice without establishing a sustained breakout. Now, the market faces a different challenge: can buyers defend the structure beneath those highs? The latest decline has brought XAUUSD back toward a critical support zone, where the next structural decision could unfold. Market Structure — Two Peaks, Growing Bearish Pressure Following the recovery from the 4,073 region, Gold developed a bullish advance toward 4,200. However, two attempts to extend beyond the r

by Aries_XauFlow

Double Top - Bearish Reversal Structure 📊 Overview This chart highlights a Double Top formation at a key resistance level after a strong uptrend. The structure indicates exhaustion of buying momentum and a potential shift from bullish to bearish market conditions. ___________________________________________________________ 📉 Key Price Action • Price forms two highs at the same resistance zone, confirming strong rejection. • The second top fails to break the previous high, signaling weakening buyers. • A neckline (support zone)

by MarketAlgoBot

Axis Bank – Monthly Chart Analysis short opportunity 📊 Axis Bank – Monthly Chart Analysis Potential Short Opportunity Double Top Formation: Price has formed a clear double top pattern near the ₹1300–₹1350 zone, indicating strong resistance. Bearish Divergence (RSI): Momentum indicator (RSI) is showing lower highs while price formed higher highs — a classic sign of weakening bullish momentum. Evening Star Pattern (Monthly): A confirmed evening star candlestick pattern on the monthly timeframe strengthens the probability of a medium-term reversal.

by tradetechnicalanalyst

Double Top Pattern 🧭 Overview A Double Top is a bearish reversal pattern that indicates a potential end to an uptrend and a shift toward a downward phase. It forms an “M”-shaped structure on the chart, marked by two consecutive peaks at nearly the same level, separated by a moderate pullback known as the neckline. The pattern is confirmed when price decisively breaks and closes below the neckline, signaling weakening buying strength and a change in market control. ----------------------------------------------

by MarketAlgoBot

BPCL - Double Top BPCL is forming a Double Top which is has neckline of 345. Delivery Based Selling Strategy: Sell below 345, Keep SL on high of 23rd Jan candle, which is 361. Targets are 320-300. Option Buying Strategy So, for the option trading in this stock, you can choose any PUT option on BPCL, mark high of 21st Jan candle in option, once it breaks it just buy and keep SL below same day's low.

by isagar_chauhan_

BSE- Correction phase starts After more than 2000% rally in 2 years, BSE finally formed a double top pattern in monthly. The target for this pattern is 1241 which is the confluence of fib 0.618 + Monthly support + blue channel support. Note: This is for educational purpose and not a trade recommendation.

HINDALCO double top detected Double top with divergence detected in the Hindalco daily chart. Bearish invalidation above 864. Bearish continuation below 847.50 with downside targets of 838, 829 and 822 as early supporting key levels.

by AbsoluteAnalytics

#ADANIPOWER – Double Top Danger Zone!📉⚡ #ADANIPOWER 🚨 ADANIPOWER has formed a monthly double top 🔝 near the 179–183 (ATH) zone and is now slipping toward its rising trendline 📉 Price is also trading inside the September monthly candle (182.70–120.00). MCB or sustained close below 120 will signal major weakness ⚠️👇 If selling continues, price may head toward 112.50–124, 92–96 , and the breakout retest supports at 83–87 . Bulls must defend the trendline to avoid a deeper correction 🛡️🔥 Resistances: 151.20 / 179–183 (

by Stocks_Mario

NIFTY MIDCAP NIFTY MIDCAP formed with DOUBLE TOP with DIVERGENCE with first target 14,403, and next support at 13,995. If it didn't take supports at 13,995 we can see further downside with FINAL TRAGET 13,900.

Zcash Formed Triple Top Zcash Formed Triple Top And Ready For Breakdown. But Twist is, 0.38 retracement level. trend still strong Ready short for setup Reverse Scenario: Break That Triple Top High Any Bullish Pattern breakout in smaller time frame. 🧠 Always DYOR (Do Your Own Research) ⚖️ This is not financial advice or suggestion 👉 “Risk Is Real 💸 Stay Practical🚀” 💬 Please feel free to ask any questions (It's Free)

SOL DUMP TO THE $40 YES, YOU SEEN RIGHT CRYPTO:SOLUSD SOL ready with multiple negative patterns. 1. all time resistance 2. triple top 3. cup and handle failure First pattern is already activated and triple top near to active. Reverse scenario take support from major strong support. cup and handle breakout 🧠 Always DYOR (Do Your Own Research) ⚖️ This is not financial advice or suggestion 👉 “Risk Is Real 💸 Stay Practical🚀” 💬 Please feel free to ask any questions (It's Free)

#Silver Alert: Double Top Breakdown Incoming?🚨 Double Top on XAGUSD daily chart: 1️⃣ First Top: Bearish Engulfing 2️⃣ Second Top: Dark Cloud Cover Pattern confirms DCB 🔻 below $45.55 , 🎯 targeting $36.71 . 🚧 Resistance: $52.32 - $54.49 🛡 Support: $50.62, $49.38 - $48.91, $47.17 - $46.90 ⚠️ Major sell-off potential. Longs only above Double Top high after 2 consecutive closes. #Silver #XAGUSD #DoubleTop #TechnicalAnalysis #BearishReversal #ChartPatterns #CandlestickPatterns #PriceAction 📌 #Disclaimer: This analysis is

by Stocks_Mario

Gold’s Double Trouble: Will the Bounce Hold or Break Below?#Gold hit a double top after a parabolic rally, topping at 4380.99 and 4381.44 , forming a classic M-pattern . Breakdown below 4185.91 confirmed the bearish structure, and price nearly completed the pattern target by testing the long-term ascending trendline , leading to a technical bounce. 👀 Now, all eyes are on the key zones: 🔸 Critical Resistance: 4185.91 – 4205.12 🔸 Critical Support: 3944.435 (green line) 📉 Break below the support (4HCB) could trigger further bearish conti

by Stocks_Mario

Ixigo (W) - At a Crossroad: Bullish Trend vs. Bearish Pattern After a spectacular run-up, Ixigo (Le Travenues Technology Ltd) has entered a sideways consolidation phase. The current price action presents conflicting technical signals, placing the stock at a critical inflection point where it could either be pausing before another surge or forming a major top. The Powerful Backdrop Since April 2025, Ixigo has been in a powerful bull market, delivering an extraordinary gain of approximately 166% in just a few months. Following this rapid ascent, the s

by Learn_with_Pth0mas

Hdfc created Double Top Formation - Stock has given big rally - stock has pause it's uptrend and created Double Top - below 5600 one can watch for down movement until it reaches previous support levels which are 5400 to 5450 levels

NYKAA - Cup with handle pattern 📈 Pattern Analysis: Nykaa recently completed a "Cup-with-Handle Breakout" , which is a strong bullish continuation pattern. However, the breakout targets have not yet been achieved. In the past few sessions, the stock has witnessed selling pressure, forming a double-top bearish pattern on the chart. 📊 Key Levels & Structure: The price is currently in a corrective phase and may move lower to retest the breakout zone of the cup-with-handle pattern. This zone is expected to act as a strong supp

by Arvind_Share_Academy

Double Top in Silver Entry- 143000-143200 Target- 142000, 141500, 141200 SL- Day high Pattern - Double Top has been made in MCX silver and Comex silver in 1 hr and 15 min time frame. Disclaimer- This is just for educational purpose. Jai Shree Ram.

by Sanatan_Trader

How to read market TOPS like a pro : Double & Triple Tops In this video I will breakdown about the concepts of Double and triple tops, they aren’t just reversal signals — they’re blueprints of future price action. Here’s how to read market tops like a pro and anticipate what comes next.

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by Apoorv-Dubey_SEBI-RA

Gold form double top bearish pattern,Bearish Patterns Annotated: Double Top: A classic bearish reversal pattern resembling an "M" shape. It occurs when price hits resistance twice at similar levels (here, approximately $3,437 and $3,448 in July and August) and fails to break higher. This signals potential exhaustion of buyers and a shift to sellers. Evening Star: A three-candle bearish reversal pattern marked near the recent high. It typically consists of a large green candle (up day), followed by a small-bodied candle (indecisi

by tradetechnicalanalyst

Kotak Mahindra bank form double top Reversal pattern.Kotak Mahindra bank form double top Reversal pattern. Bearish View (Short Opportunity): The pattern suggests shorting on any rally back up to ₹2,020 (potential resistance or retest of the neckline/breakout level). As per pattern is may test 1818 soon target -2. Risk-reward ratio: Approximately 1:2-3, assuming disciplined stops.

by tradetechnicalanalyst

Godrej Agrovet Ltd (Weekly Timeframe) - Potential Breakout Since the All Time High on Jul 15, 2024, the stock is in a Accumulation phase , and last week it tried to breach the ATH with Huge Volume . The stock may BreakOut of the Resistance Zone if Good Volume is available. If it is able to breach the resistance zone, then it may go to 1070 levels. It is also possible that there could be some profit booking which means the stock could come down as well. Keep monitoring.

by Learn_with_Pth0mas

Home First Fin Co Ind Ltd (Weekly Timeframe) - Bearish Signs The stock has been in an uptrend since Feb 2025 and since last few weeks, it has gone sideways showing some exhaustion. This week, it made an All Time High, breaking a Long-term resistance and Short-term resistance . There may be some profit booking in the coming weeks and may see the stock going down to the levels indicated, if it cannot maintain the upside momentum.

by Learn_with_Pth0mas

MRF - BEARISH SETUP (DAILY TIMEFRAME) DOUBLE TOP A double top pattern is a bearish reversal pattern that can be observed on a stock's price chart after an uptrend. It signals that the upward trend may be losing momentum and that a downtrend could be imminent. Please sell if your setup agrees too - I will sell if 1,45,000 Levels is broken Your Boost and like will remind me to sell so please keep supporting so that this post reminds me to sell MRF at 1.45K levels

by piyushbafna000